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☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 7 days ago

US inflation hits 3% for first time since January

www.bbc.com

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  • usa@lemmy.ml
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US inflation hits 3% for first time since January

www.bbc.com

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 7 days ago
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  • cross-posted to:
  • usa@lemmy.ml
The price increases remained milder than feared, keeping the US central bank on track to cut interest rates next week.
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  • ☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOP
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    7 days ago

    oh and in completely unrelated news, the White House said there probably won’t be an inflation report next month https://www.businessinsider.com/white-house-says-probably-no-october-inflation-report-next-month-2025-10

  • Nopeace [he/him, comrade/them]@hexbear.net
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    7 days ago

    Buckle up for even more as the Fed cuts rates for the next year or so…

    • peeonyou [he/him]@hexbear.net
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      7 days ago

      bout goddamn time

  • mx_oceanwater_they_them [none/use name]@hexbear.net
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    7 days ago

    How do we know if they do not even publish inflation data? Also: How does the Federal Reserve operate during government shutdown?

  • heatenconsumerist [he/him]@hexbear.net
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    7 days ago

    They don’t release the jobs’ data because “gov shutdown waa :(”

    Then they make a special exemption for CPI.

    Then they say next month won’t have CPI OR jobs data released.

    Shit’s fucked and they can only cook it for so long.

    • AF_R [he/him]@hexbear.net
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      6 days ago

      It’s a house of cards but nobody’s willing to blink, unlike 2008.

      Real inflation since 2019 is over 200%, but don’t worry, look the stock market is up a whole 100% since then!!! Nothing to fear!

  • coolusername@lemmy.ml
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    6 days ago

    Substitution, hedonics, and weighting

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