New Inflation Data Stuns Everyone

The new inflation data just decimated the expectations and predictions of the experts.

The CPI came in at 2.4%.

Here are some headlines from the media:

Market Watch: CPI report today: Key measure of inflation slows to 5-year low

CNBC: Consumer prices rose 2.4% annually in January, less than expected

CNN: Inflation slowed in January, but some prices are still biting

Fox Business: Inflation eased slightly in January but remained well above the Fed’s target

Zero Hedge: US Core CPI Tumbles To Slowest In 4 Years; Real Wage Growth Surges

Bar Chart: Cooler January CPI Signals an Inflation Thaw

You can see the bias in the headlines. Imagine this alternate universe for a second.

It is August 2024. The inflation rate drops to 2.4%.

What do many of these headlines look like?

They are celebrating falling inflation.

Instead both CNN and Fox try and downplay what was undeniably fantastic news.

The reason for this is obvious. Both the left-wing press and center right press assured Americans that tariffs would lead to disaster. They were wrong.

Here is what you need to pay attention to:

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