ˈdälfən™🐬 💥 🌊<p>Inflation ticked up some in the <a href="https://mstdn.social/tags/USA" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USA</span></a> , but we haven’t seen anything yet ( <a href="https://mstdn.social/tags/MyThoughts" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>MyThoughts</span></a> ). There are many factors at play, like:</p><p>--> Much of Trump’s tariff plans were on hold (& the <a href="https://mstdn.social/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> report looks backwards)</p><p>--> Businesses had front-loaded their inventory & consumers bought ahead (e.g., vehicles), anticipating <a href="https://mstdn.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> </p><p>--> The Fed hasn’t lowered interest rates yet (though <a href="https://mstdn.social/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> wants that & plans to appoint a new Fed chair) </p><p>--<br><a href="https://mstdn.social/tags/USeconomy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USeconomy</span></a> <a href="https://mstdn.social/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economics</span></a><br>--</p><p><a href="https://www.wsj.com/economy/inflation-hit-2-7-in-june-in-line-with-expectations-8f92a8cd" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">wsj.com/economy/inflation-hit-</span><span class="invisible">2-7-in-june-in-line-with-expectations-8f92a8cd</span></a></p>