↪ Replying to @carlquintanilla.bsky.social
one of these bumps had mostly to do with covid.
the other, a deranged lunatic.
Inflation was headed in the right direction in January 2025.
BNP PARIBAS: “.. The Fed is likely hiking rates whether oil goes up, down, or sideways. ..
.. pricing behavior in non-shelter core services has change versus that prior to the pandemic, and that inflation in this category has become more entrenched and momentum-driven.”
