Fed Tightening to Day Is a Mistake

Despite solid job numbers, real g d p growth has been very slow in the first half of 20 20 and could be slower still later in this year and in 20 23. Inflation is also showing signs of coming down. National average gasolene prices have now fallen by over 30 cents since hitting a peak of over five dollars per gallon on june fourteenth. The bloomberg commodity price index is now down almost 15 % from its peak on june ninth. Domestic air fares appear to have declined i both june and july, according to travel industry price tracker hopper dot com. And use vehicle prices fell one point three % in june, according to the manheim used