US price and wage increases slow further in the latest signs of cooling inflation - eviltoast

Signs that inflation pressures in the United States are steadily easing emerged Friday in reports that consumer prices rose in June at their slowest pace in more than two years and that wage growth cooled last quarter.

  • BeMoreCareful@lemmy.world
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    1 year ago

    They don’t, the Fed is sort of the hammer to break glass in case of emergencies, but the legislature has refused to do anything productive or helpful for citizens.

    For years the fed just printed money to stave off an economic collapse. The legislative branch bought stock instead of passing laws and regulations.

    The Fed isn’t our government, but unfortunately our government isn’t our government anymore either.