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by confoundedinterest17 We didn’t start the fire … The Fed and Biden/Harris did. And it is still burning. October STICKY core inflation is still up 4% YoY (year-over-year) Core CPI rose 0.3% MoM (as expected) which pushed it up 3.3% YoY …
“While September CPI inflation is at 2.4%, inflation is much higher in many basic necessities: 1. Car Insurance Inflation: 16.3% 2. Transportation Inflation: 8.5% 3. Homeowner Inflation: 4.9% 4. Car Repair Inflation: 4.9% 5. Rent Inflation: 4.8% 6. Hospital Services …
via mishtalk: The US Manufacturing PMI improved a bit but remains in contraction as service sector growth weakens. S&P reports US expansion loses momentum as service sector growth slows in July. S&P US Composite PMI™ Key Points Flash US PMI Composite …
CPI 0.2% M/M, Exp. 0.3%CPI Core 0.2% M/M, Exp. 0.3% CPI 3.0% Y/Y, Exp. 3.1%, CPI Core 4.8% Y/Y, Exp. 5.0% — zerohedge (@zerohedge) July 12, 2023 The Fed’s inflation job is not done yet Despite headline inflation trending lower, …