Why The Core CPI Inflation Drop In August Doesn't Matter (DJI)
4 Articles
4 Articles
📌 Core inflation in the US fell to 2.4% in August, and the $66 threshold was monitored in silver. 📈 Following the inflation data, silver rose from $63.8 to over $65, and $XAG gained momentum in the short term. 📉 In the Elliott Wave analysis, the risk of a correction towards the $60-$58 range was highlighted in the first stage. 🧭 The market is now watching whether the $66 resistance can be broken and whether the rise will be permanent. Read M…
NEC Kevin Hassett: “Inflation is decelerating”
“I would say that you just about hit the target and inflation is decelerating,” says National Economic Council Director Kevin Hassett on the heels of this month’s CPI report. The post NEC Kevin Hassett: “Inflation is decelerating” first appeared on Jean Sainvil - In God We Trust - Blessed is the man who comes in the name of God..
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