Mine:
Mine:
www.politico.com/live-updates...
Jeffries has said it recently too
www.politico.com/live-updates...
Jeffries has said it recently too
Housing was higher than the average, but it's an average. There are also items in the basket that got cheaper or prices grew more slowly than the average like clothing, gas, electronics, and cars
Housing was higher than the average, but it's an average. There are also items in the basket that got cheaper or prices grew more slowly than the average like clothing, gas, electronics, and cars
CPI peaked in 2022 at 8%. Wage growth peaked at almost 16% over the same period. CPI is now down to just over 3%. While wage growth is still hovering around 5%
CPI peaked in 2022 at 8%. Wage growth peaked at almost 16% over the same period. CPI is now down to just over 3%. While wage growth is still hovering around 5%
Also worth nothing wage growth was highest for workers that made the least. The bottom quintile, "the poors" as you called them were likely ahead every single month even 2021
Also worth nothing wage growth was highest for workers that made the least. The bottom quintile, "the poors" as you called them were likely ahead every single month even 2021