Quote:
Originally Posted by Jibartik
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https://www.bls.gov/news.release/cpi.nr0.htm
Oct inflation is the 6th month over 5% non transitory inflation at 6.2%
Just think every month you should’ve gotten to traditional cost-of-living raises to keep up with this lol
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Its crazy how this administration is standing behind the transitory thing. The Federal Reserve literally said it again at
last weeks FOMC meeting. I would think they had to have had an inkling about the inflation numbers getting posted this week when they said it.
Quote:
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Inflation is elevated, largely reflecting factors that are expected to be transitory.
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