The Fed is not printing money, quite the contrary. Since April 2023, they have removed about $1.1 trillion from the money supply, and will continue to tighten at a rate of $75 billion a month.
This is why interest rates are going up!
missing the point. They overcooked the money supply. It had gone up insanely.
75 billion off the feds books per month while barrowing 1T per month mostly barrowed from the fed. Mixed messages with a net result of no control of effective control either inflation or rates.
Since the CPI is based on a basket of Housing, Food and Automobiles.... 2 of the three have some real year over year comparison issues.