TAG: Soft CPI - KITCO
TAG: Soft CPI - KITCO
Source: KITCO
―
DW NOTE
The headline says "soft" but June CPI ran at 4.1% — double the Fed's target and showing no meaningful deceleration from May's 4.27%. When inflation sits at twice the stated objective while the government burns through a $2 trillion deficit, calling the print "soft" is editorial optimism detached from the arithmetic.