core PCE .3% MoM and 2.8% YoY

Feds left the rate unchanged ... &

The Fed chief made it clear that he will keep looking for inflation in each and every nook and corner as long as he is in the office ... Dems were convinced before the election and they are not giving up ..!

GDP 3.0% & price index 2.1%

both came out fine .. which means that all the experts in markets and Fed got it wrong in April as they panicked following equally dumb media ..!

fed is supposed to be numbers driven as in present, and not based on making guesses to what may happen ..! 

imports decline 38% & we survived partly due to excess buying in Q1 & partly we are accumulating less garbage in our garages; or buying only what's essential like [imported] food items.. bottom-line no inflation ..!

you don't need to be a PhD in economics ...

to solve an economic problem ... & there are 100s of PhD working at Federal Reserves forecasting an inflation in future due to tariffs ... & all the geniuses who appear in media are scratching their heads ... why there has been no inflation so far ..? & here is why ?

most of the stuff in an Indian grocery store comes from India, but prices are the same as they were 6 months ago .. so i asked the store owner .. who happened to a friend of mine ... why ..? 

& he tells me simply because the freight prices have come down to half due to reduced volume & i said aha ... people are only purchasing the essentials as imported items, while the non-essential volume has gone down & that's simply human behavior (my line to add!) ... so the distributor has absorbed the cost .. in fact, he may be making more, while the final prices are the same ..!

 problem solved ... iti siddham ..!  

& it doesn't even cost a penny or technology or AI to solve ..! 

Too late .. Fed chairman ...

his argument is that the forecasters are modelling based on projected tariff as called by Trump ... & if you are using the numbers used by Trump, you must the biggest idiot in the world ..!

IF you wanna live happy ...

 take the words equality (+ comparison ) and growth (+ competition) out of your dictionary ..!

No comparison and no competition.. !

CPI came 2.7%

Modest and tolerable; so the market jumped  The effect of tariff will be limted or at most one time .. which means that rates should be much lower but the war between two men is costing billions to the country .. do you think having women in those roles will be a better option..!

tariff or no tariff but the fact is that USD has dropped 10p YTD despite high interest rates

 ... compared to world-wide

NVDA hits $4T in market cap - one again the h/w is in focus