May. 12 at 1:25 PM
$NCLH $CCL
Although inflation moved ever so slightly to 3.8%, from 3.7% expected
…the Core CPI—(which strips out energy and food). was just slightly above expectations (2.8% vs. 2.7%),
so inflation numbers are in check,
And the Iran conflict accounted for 40% of the higher inflation numbers, via energy.
…but most of the left-wing media won’t even mention that

Meanwhile, Powell’s renovation job that is almost impossible to justify the cost…
Because for the same
$2.5 billion, the Fed could have likely built two or three brand-new, modern headquarters.
And then that dinosaur Powell, wants to hang around like a fossil, to occupy one of the seven seats on the “board of governors “, so he can STILL try to control and keep higher interest rates , even though we have a new chairperson Kevin Warsh, as of May 15th
Jerome Powell is breaking 75 years of precedent. It has been since 1948 that a Federal Reserve Chair stayed on the Board of Governors after their term as Chair ended.
