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Old 04-13-2023, 12:05 PM   #10099 (permalink)
vtec to vvel
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https://www.cnn.com/2023/04/13/econo...rch/index.html

"US wholesale inflation saw dramatic cooldown in March."

The hell we did

"'It’s good news that it looks like inflation is coming off the boil here,” Chris Rupkey, chief economist at FwdBonds, told CNN. 'There is a pronounced slowing in producer goods, and if I had to bet, I would say that this is going to lead to lower prices for the goods sitting on the store shelves in the coming months.'"

Hey dumb@$$, if the prices are where they are with the currently inventory/supply "sitting on the store shelves", producing less will continue to drive the price up.
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