User 232038

The Fed Is Still Expecting Inflation to Moderate

Everything I buy in the St. Louis area for example bread,lunch meat,tires,auto mechanic diagnostic fees,pizzas,peanut butter,auto parts have all went up in price at least 8-9% in just the last few months. Utility bills in the midwest have sprouted energy access charges in addition to the actual amount of natural gas water or electricity used. So inflation is raging in everything consumers have to pay for ..and few consumers that I know are getting pay raises over 2-3%. In any RATIONAL era short term cd rates would be at least 7% and the long treasury would be closer to 8-9% to compensate investors for inflation risk.