Start Saving Money ASAP #shorts

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00:00Start saving your money because they're predicting a mild recession in 2023,

00:04just like the mild inflation of 2022.

00:08Jokes aside, earlier this year, they made a prediction about what would happen to inflation,

00:12and they told us that they think inflation would average something like 7%.

00:16So let's see how their prediction held up so far, because the CPI, the Consumer Price Index,

00:22which is the thing that measures inflation, clocked in January at 7.5%.

00:27For February, it was 7.9%, and for March, we hit 8.5%, for an average of 8% in the first quarter.

00:38And that makes a huge difference from their initial prediction of 7%.

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