CPI food inflation was 2.9% year over year in July 2025 vs. the 1.86% average 2009-2020 and we're supposed to be happy that the Fed might cut interest rates in September

S&P 500 jumps to record high as inflation report gives Fed green light to cut rates: Live updates

The current rate of food inflation is running 56% higher than the average rate for the entire prior decade and more.

Nothing would sing "we can't fix it" more than a rate cut in September, but three in the Autumn would shout "we don't care!"