First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/07/11/take-this-great-cpi-news-with-a-grain-of-salt-003313
<p><img src='https://www.moneymetals.com/uploads/content/Take-This-Great-CPI-News-With-a-Grain-of-Salt.jpg'/></p>The Fed is about to declare victory over price inflation based on some sketchy CPI data so that it can go back to creating inflation.