US GDP Price Index Highest Since 1981 As Q2 GDP Revised To 6.7% (Thanks For The Stimulus!)

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by confoundedinterest17

Thanks for the stimulus! Or thanks for the Covid virus that enabled The Fed and DC to go crazy with low rates and spending.

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While US GDP printed at a revised 6.7% QoQ (annualized), it is the GDP PRICE Index that bears looking at. It rose 6.1%, the fastest rate since 1981.

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At least GDP was revised upwards to 6.7% QoQ, thanks to unpredented monetary and fiscal stimulus.

 

 

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