2026年8月12日 10:05 ET 发布 · 更新于 3 个月前 · 1 个来源

CPI Cooling Is Only Superficial; Fed Still Digesting Effects of Its Earlier Money Creation

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原始报道

The author believes the drop in CPI to 3.4% is not a genuine improvement; rates will remain elevated, and the Fed is merely managing the consequences of its earlier money creation. CPI is a lagging, manipulated indicator and cannot serve as a basis for rate cuts.

原文