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.

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