Inflation cooled to 5% in March, but consumer pain is set to linger

[Johnny2X2X]

4. Read that

Would be great if they just stopped.

Here’s the great thing, we now have tools to fight any recession that results to make it very shallow. 6 months from now if we’re at 3% inflation and falling but the economy is faltering the Fed could ease monetary policy to fight a recession. Longer term they can start to lower rates again too.

Politically, we’re taking our medicine in 2023, so things can look great in 2024. Inflation might not even be a topic for 2024. If the economy is back growing and UE reskins low Biden will be running for re-election on a very strong economy.