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#BidenBOOM

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#Inflation eased further in Jan as #TheFed weighs when to cut rates

Prices cooled further in Jan, offering the latest sign that inflation has eased significantly since its pandemic-era surge but still hovers above what policymakers consider normal.
Data from the Bureau of #Labor Statistics on Tues morning showed prices rose 3.1% in Jan, compared w/the year before. They also rose 0.3% compared w/the previous month.

#Economy #Bidenomics #BidenBoom #Biden #VoteBlue
washingtonpost.com/business/20

The Washington Post · Inflation eased further in January as Fed weighs when to cut ratesBy Rachel Siegel
Continued thread

The S&P 500 stock index crawled past 5,000 for the FIRST TIME EVER Friday, reaching an important symbolic landmark as continued #economic optimism fanned the flames of a rally driven by #AI on #WallStreet.

The broad-based index closed at 5,026.61, up <1% for the day, setting yet another closing #record. It has gained >5% in the first 5 wks of the yr.

#BidenBoom #Biden #DemocratsDidThat #VoteBlue #law #politics #Finance #SandP500 #TheFed #inflation #economy #investors #InterestRates

Pre-Covid, the Trump economy was never as strong as he claimed. It's time to correct the record.

Note to journalists: Trump's #MAGA failure after his first 3 years in office looks even worse when you contrast it to the #BidenBoom. unprecedented.ghost.io/archive

Unprecedented · The Myth of the "Trump Economy"The Trump economy was never as strong as he claimed. It's time to correct the record.