June CPI Report - May printed 3.3% from an expected 3.4%

[Wind_FURY]

Has Jerome Powell and the Cabal solved the inflation problem, and that he's going to have his forecasted "Soft Landing?

https://www.investing.com/economic-calendar/cpi-733

All inflation reports are lower from the expectation. We can be absolutely sure that the Federal Reserve is going to be dovish during Powell's speech.

CPI 0.0% MoM, Exp. 0.1%
CPI Core 0.2% MoM, Exp. 0.3%

CPI 3.3% YoY, Exp. 3.4%
CPI Core 3.4% YoY, Exp. 3.5%

[bitmover]

Inflation is not the same as money printing.

Cpi is the inflation  rate, how much your money is losing value.

M2 is how much money there is in the economy.
M2 actually is getting lower


https://tradingeconomics.com/united-states/money-supply-m2#:~:text=Money%20Supply%20M2%20in%20the%20United%20States%20averaged,Billion%20in%20January%20of%201959.%20source%3A%20Federal%20Reserve

[WillyAp]

M2 is how much money there is in the economy.
M2 actually is getting lower

You are aware that given that 11 countries use the $, certain amount of printing needs to ocurre?   

[kryptqnick]

The USA has very knowledgeable economists and strong institutions that know how to keep the currency steady. Inflation is under control, but the Fed has decided to keep the interest rates at the previous level. Perhaps it's just a precaution, to make sure things are under control.
As for money printing, there have been concerns about it for decades, but the USA seems to be getting away with it. I think it's because of such a strong dominance of the USD as a foreign reserve currency and the power that the USA projects globally.

[WillyAp]

As for money printing, there have been concerns about it for decades, but the USA seems to be getting away with it. I think it's because of such a strong dominance of the USD as a foreign reserve currency and the power that the USA projects globally.

At least in Latin America the US$ shines, the people (horrible word for the common guys) love the US$, from the lowest classes to highest.
In terms of protection their own currency, its futile as they (those governments) also love the US$. The only blast it due to their "People".