US CPI soared 6.5% in December, matching the estimate

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The US closed out 2022 with another big drop in inflation

New data out Thursday morning shows that while inflation continues to be high, the US ended 2022 with inflation cooling again based on year-over-year changes in the Consumer Price Index.

Looking at month-over-month figures, the Consumer Price Index fell by a seasonally adjusted 0.1% between November and December. The median forecast was an unchanged index.

 

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Yaaaaaaassssssss

good thing the media kept this quiet until after the election to give republicans the best chance without demanding they actually earn a single vote..

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