3.1 rather than the 2.9 expected.
That is some very sticky inflation.
And they want to borrow and spend even MORE!
Going to be here for a long, long time.
Sorry stock market, no rate cuts for you.
That is some very sticky inflation.
And they want to borrow and spend even MORE!
Going to be here for a long, long time.
January U.S. CPI Report Shows Inflation at a 3.1% Annual Rate, Hotter Than Expected
Core CPI also shows higher inflation rate than predicted.
www.morningstar.com
Sorry stock market, no rate cuts for you.