Inflation Reduction Act

[dbjork6317]

US adds 100,000 clean energy manufacturing jobs since IRA, over one quarter solar

US companies have announced more than 100,000 jobs in clean energy manufacturing since the passage of the Inflation Reduction Act (IRA).

www.pv-tech.org

Also this

 

[fatpiggy]

PPI Coming in hot this morning.

.3% expected and it came in at .5%

CPI tomorrow morning and think the market is more focused on that number as opposed to PPI.

Inflation is still killing us, need to see declining inflation at the very least.

 

[fatpiggy]

CPI comes in at 3.3% year over year.

If you aren't getting a 3.3% raise every year you are losing money.

The Feds stated goal is 2%

Make it stop!!

 

[PrimeIsGettingComfortable]

CPI comes in at 3.3% year over year.

If you aren't getting a 3.3% raise every year you are losing money.

The Feds stated goal is 2%

Make it stop!!

Below market expectations. Meaning we are fighting inflation better than anticipated.


God you are an idiot.

 

[dpic73]

CPI comes in at 3.3% year over year.

If you aren't getting a 3.3% raise every year you are losing money.

The Feds stated goal is 2%

Make it stop!!

2% is not a law and is not written in stone Swiney.

OUR MAIN STORY: A key measure of underlying US inflation stepped down for a second month in May, a pleasant surprise for Federal Reserve officials looking for signs that they can start to lower interest rates, writes Bloomberg’s Augusta Saraiva.

The figures, taken with the deceleration in the core CPI in April, may represent the early stages of inflation resuming a downward trend. But policymakers have stressed that they’d need to see several months of price pressures receding before they consider lowering interest rates, especially with the latest jobs report reigniting the debate over how restrictive policy actually is.

Read the rest here:
US Inflation Broadly Cools in Encouraging Sign for Fed Officials

 

[fatpiggy]

2% is not a law and is not written in stone Swiney.

OUR MAIN STORY: A key measure of underlying US inflation stepped down for a second month in May, a pleasant surprise for Federal Reserve officials looking for signs that they can start to lower interest rates, writes Bloomberg’s Augusta Saraiva.

Read the rest here:
US Inflation Broadly Cools in Encouraging Sign for Fed Officials

Average inflation under Biden is ~5.2%

The Feds stated goal is 2%

Biden is just trying to keep inflation tame until he gets reelected. Then it will just be more wars, more handouts, more loan forgiveness, more DEI, more gender ideology. Higher Taxes. Higher short term taxes, higher long term taxes.

B.I.D.E.N.O.M.I.C.S.

 

[dpic73]

Average inflation under Biden is ~5.2%

The Feds stated goal is 2%

Biden is just trying to keep inflation tame until he gets reelected. Then it will just be more wars, more handouts, more loan forgiveness, more DEI, more gender ideology. Higher Taxes. Higher short term taxes, higher long term taxes.

B.I.D.E.N.O.M.I.C.S.

The Fed's 2% Inflation Target Is a Made Up Number

And that could have serious consequences for the U.S. economy in 2024.

time.com

‘There is nothing special about 2%’: BofA says central bankers just made up their inflation target

“The evidence is that steady 4% inflation imposes very small additional costs compared to steady 2% inflation. Either way the economy adapts,” BofA’s global economist said.

fortune.com

 

[fatpiggy]

The Fed's 2% Inflation Target Is a Made Up Number

And that could have serious consequences for the U.S. economy in 2024.

time.com

‘There is nothing special about 2%’: BofA says central bankers just made up their inflation target

“The evidence is that steady 4% inflation imposes very small additional costs compared to steady 2% inflation. Either way the economy adapts,” BofA’s global economist said.

fortune.com

Of course it's an arbitrary number. It's the effects of changing that number that is the problem.

 

[dpic73]

Of course it's an arbitrary number. It's the effects of changing that number that is the problem.

Nobody is changing anything. My goal is to turn you into a banana but that doesn't mean it will happen.

 

[fatpiggy]

Should have been called the economic prosperity reduction act.

Inflation wasn’t dropping fast enough, but now we have to cut interest rates a full point.

Get ready for more inflation!!