>>20541143Are you guys joking? Have you not hear and see him talk? He was happy about the lower CPI, even picked it up, despite it being released the same day.
Meanwhile in may when he knew about GDP being 1,X (1,6 back then, later 1,3) he was swooning over the 3,x% of Q4 2023, despite Q1 2024 prelim data being out for days or even weeks.
It took them 3 prints to change their view on inflation to picrel. And now with ONE release, he changed it back to "modest" progress. He wants to cut so bad.
>CPI was encouraging (what he said)It's still +3,3% on +4% last year. Next month the reading will add on a +3% of last year. This one will be interesting, it will be the first CPI report on the lowest CPI of last year.
