Wednesday, January 15, 2025

Core cpi inflation in December 2024 yoy was 3.2%, annual average 3.43%, which was 75% worse than 2017-2020

 The 2017-2020 average annual rate was 1.96%.

The four year average annual rate 2021-2024 under Joe Biden clocks in at 4.48%, almost 129% worse than under Trump I.

During 2024 the year over year measure has been at 3.3% or 3.2% every month from June inclusive, but stonks are soaring today as if something has changed.

Nothing's changed.