CPI 6.5% And We Haven't Even Seen The Impact Of The Fed Yet
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The latest CPI numbes, for the month of December, is in. It went down a tad, to 6.5%.
In this video I discuss how we are just now getting to the point of where the Feds raising of interest is really going to start to affect the economy. Time is required for the higher levels of business activity to filter throughout the economy. This is where the lag comes in.
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