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Federal Reserve is likely to skip a rate hike at pivotal meeting Wednesday yet signal more to come (apnews.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 1 year ago (1 children)

They are pausing rate hikes because inflation has slowed down.

[–] [email protected] 2 points 1 year ago (1 children)

Are you divorced from reality?

[–] [email protected] 3 points 1 year ago (1 children)

No, quite the opposite. What I said is correct, which you can verify by looking up inflation figures, but I'll save you the trouble.

US Inflation Rate is at 4.05%, compared to 4.93% last month and 8.58% last year.

https://ycharts.com/indicators/us_inflation_rate

Also, it would be great if, in the future, you could put some more thought into your choice of words. We can disagree with each other without such a hostile tone and if I understand correctly, especially beehaw is trying to be a bit of nicer place and you weren't very nice in your comment to me.