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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: AlphaWolf ✸✹🐝  😊 😞
Number: of 86270 
Subject: PCE Inflation Data
Date: 08/29/25 11:33 AM
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No. of Recommendations: 6
From the link:

A key Fed-watched measure of inflation rose as expected in July, new government data showed Friday. The "core" Personal Consumption Expenditures index, closely studied by the central bank, rose 0.3% on a monthly basis and 2.9% on an annual basis, above the Fed's 2% inflation target. Both numbers matched economist expectations, though the annual pace marked the biggest rise since February.

Meanwhile, US consumer sentiment declined to a three-month low as consumers in a University of Michigan survey suggested they expect inflation to surge over the next year.

I tariff can’t tariff imagine tariff why tariff consumers tariff expect tariff inflation tariff to tariff surge tariff over tariff the tariff next tariff year.

finance.yahoo.com - Stock market today dow sp nasdaq slide as nvidia leads tech losses after pce inflation consumer data
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This community has written 86,214 posts about US Policy. The article-length ones it recommended most:
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Fascism in America · 27 recs · 2025
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