Inflation worse than expected at 8.2%
in final preelection report
Posted By: NorthernDog, 10/13/2022 8:57:05 AM
Inflation clocked in worse than expected at 8.2% for the 12 months ending in September according to the consumer price index, bad news for the country’s economic health. The much-anticipated numbers reported by the Bureau of Labor Statistics on Thursday revealed that while it ticked down by one-tenth of a percentage point, inflation is still higher than anticipated and defying the Federal Reserve's aggressive interest rate hikes. Worse, "core inflation," which strips out volatile food and energy prices, rose sharply in September. On an annual basis, it rose to a whopping 6.6%, the highest since 1982. The Thursday morning report
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CNN writer frets Americans care more about
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Jan. 6 committee 23 replies
'cost of French fries' than 'compelling'
Jan. 6 committee 23 replies
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people were angry 16 replies
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Inflation clocked in worse than expected at 8.2% for the 12 months ending in September according to the consumer price index, bad news for the country’s economic health. The much-anticipated numbers reported by the Bureau of Labor Statistics on Thursday revealed that while it ticked down by one-tenth of a percentage point, inflation is still higher than anticipated and defying the Federal Reserve's aggressive interest rate hikes. Worse, "core inflation," which strips out volatile food and energy prices, rose sharply in September. On an annual basis, it rose to a whopping 6.6%, the highest since 1982. The Thursday morning report
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Watch — Pelosi on January 6: If He Comes
to the Capitol, I’ll Punch Trump and
Happily Go to Jail 39 replies
to the Capitol, I’ll Punch Trump and
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A staff member said, “The Secret Service said they have dissuaded him from coming to Capitol Hill.
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CNN writer frets Americans care more about
'cost of French fries' than 'compelling'
Jan. 6 committee 23 replies
'cost of French fries' than 'compelling'
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Comments:
As usual, the number is worse than 'expected'.