The media is super happy about the new inflation report.
And the party in power was very excited to run with their enthusiasm:
The politicians would like you to think that prices are coming down and the economy is about to recover. In actuality, this is a better way to phrase it:
Let this helpful chart explain.
Things being more expensive at a 3% rate versus a 9% rate is a welcome change, but we've only gotten to this point by crippling interest rate hikes to reign in our economic free fall.
And things are still getting more expensive. Quickly.
A few other things to note about these stats:
