Why are people saying inflation has come down? The FED is about to lose control of inflation again!

Taken directly from the St.Louis fed data site:

median CPI for jan ’23 was 8.142% which is close to ATH:

https://fred.stlouisfed.org/series/MEDCPIM158SFRBCLE

and sticky CPI (less food and energy) is at an all-time high of 6.55%

https://fred.stlouisfed.org/series/CORESTICKM159SFRBATL

pic.twitter.com/Yo26tR4JBn

— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) March 4, 2023

Also Copper! pic.twitter.com/5cNT0cxprp

— The Macro Guy (@SagarSinghSetia) March 4, 2023

Is the inflation momentum back before it even disappeared? 🥶😅

Look at the Chinese credit impulse vs. ISM Service prices! Looks extremely bad for H2-2023

1/n pic.twitter.com/BlyyF51ISD

— AndreasStenoLarsen (@AndreasSteno) March 4, 2023

Oops..!

Read more here: https://t.co/RJWCiJa29F pic.twitter.com/BeiwIguz9O

— Robert Kimbell (@Rob_Kimbell) March 4, 2023