Post #4165032
2026-07-28 13:07 UTC
...and the Federal reserve July 2026 Monetary Policy report shows that the two recent spikes in Inflation have been after "Liberation Day" (April 2025) and the attack on Iran (Feb 2026). (2/2)
Replies (2)
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@SeanCasten@mastodon.social 2026-07-28 13:10
As prove of causality, note international inflation trends from the same Fed report. COVID price spikes were global. Invasion of Iran affected inflation everywhere since we all buy oil. But the tariff spike in Apr 2025 only affected US consumers. (3/2)
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@Ralph@hear-me.social 2026-07-28 14:14
@SeanCasten@mastodon.social #alttext Figure 1. Personal consumption expenditures price indexes Percent change from year earlier (With a graph that peaks around 2022 and then stays above 2 percent) Note: The horizontal line indicates the Federal Open Market Committee's objective of 2 percent inflation.