"You tell people that inflation is coming down and they think, 'I don't understand that. The price of all the things that I buy hasn't come down.' And they're not wrong," Powell said at a conference in Amsterdam

The whole article is built on a lie.

IF prices come down even a little at this point, it's because the average consumer is tapped out.

The problem is, the average consumer doesn't understand the voodoo numbers game. Inflation easing simply means prices aren't rising as fast but Joe mechanic still sees high prices.

"If inflation continues to moderate, the Federal Reserve may be able to start cutting interest rates later this year " a prospect that cheered investors and triggered a stock market rally"

--------. Same old story to keep investors hanging on since Jan 1 this year and no rate cuts.