Statement from President Joe Biden on the June Consumer Price Index | Metals Mine

  • Statement from President Joe Biden on the June Consumer Price Index

    From whitehouse.gov

    Good jobs and lower costs: That’s Bidenomics in action. Today’s report brings new and encouraging evidence that inflation is falling while our economy remains strong. Annual inflation has fallen each of the last twelve months and is now down to 3%. We’ve made this progress while unemployment remains near record lows and a higher share of working age Americans are in jobs now than in 20 years. Real wages for the average American worker are now higher than they were before the pandemic, with lower wage workers seeing the largest gains. Our progress creating jobs while lowering costs for families is no accident, ... (full story)

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unemployed
Jul 12, 2023 9:59am
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Better than expected inflation data is crushing the dollar, sending the Dollar Index to its lowest level since April 2022. A major dollar collapse will send commodity & import prices soaring, pushing U.S. trade deficits to record highs, causing future CPI gains to spike higher!
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BaliBoyz80
Jul 12, 2023 9:11am
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Again, Usa president Hawkish statement no impact to market. Previous president no need speak from white house, just use social media, market alredy move. wht happen ?
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Xautrucho
Jul 12, 2023 3:47pm
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Quoting BaliBoyz80
Again, Usa president Hawkish statement no impact to market. Previous president no need speak from white house, just use social media, market alredy move. wht happen ?
Biden's propaganda safeguards the Feds intentions back when Trump was in office the man simply wanted up even when that wasn't possible due to cycles. That'sy best take on it but grat observation, I am also taken by it.
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BaliBoyz80
Jul 12, 2023 10:01am
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Quoting michaldps
{quote} someone wants it this way
Maybe, its maybe someone wanna to show that Mr.president statement doesn't hv power to impact the currency market, maybe like that....
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bogdan11
Jul 12, 2023 11:12am
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Coco Jumbo Resident, what a disgrace.
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michaldps
Jul 12, 2023 9:44am
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Quoting BaliBoyz80
Again, Usa president Hawkish statement no impact to market. Previous president no need speak from white house, just use social media, market alredy move. wht happen ?
someone wants it this way
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