FDIC Takes over Silicon Valley Bank

Re:FDIC Takes over Silicon Valley Bank by danielmarkbruce on Friday March 10, 2023 @05:15PM (#35101955)

https://www.bls.gov/news.release/pdf/cpi.pdf

Note all the months since July 2022. It's good to read the source material rather than hyperventilating news articles.

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Re:FDIC Takes over Silicon Valley Bank by anon20230311 on Saturday March 11, 2023 @11:37AM (#35109908)

I was skeptical that month-over-month CPI had come down to reasonable levels, but it indeed seems meaningfully lower and close to recent historical averages.

Mean MoM % change in CPI-U from January to preceding July, 2016-2023:

* 2016: 0.01

* 2017: 0.27

* 2018: 0.27

* 2019: 0.10

* 2020: 0.21

* 2021: 0.30

* 2022: 0.61

* 2023: 0.27

Raw monthly data: https://data.bls.gov/timeseries/CUSR0000SA0&output_view=pct_...

I am eager to see Tuesday's numbers for February inflation.

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