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/----/Wall Street was waiting for this report they expected good news that wouls recharge stocks and have a comeback.
Instead over night they lost 300pts
You can thank your heros for it...DEMOCRATS
US inflation rose by a higher-than-expected 8.3% in August despite falling gasoline prices — adding pressure on the Federal Reserve as it decides whether to impose another super-size interest rate hike
The August reading of the Labor Department’s Consumer Price Index, a closely watched measure of the costs of goods and services, rose 0.1% compared to July — surprising economists who had expected a slight month-over-month decline.
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Inflation hits 8.3% in August — worse than expected — as core prices spike
US inflation rose by a higher-than-expected 8.3% in August despite falling gasoline prices — adding pressure on the Federal Reserve as it decides whether to impose another super-size interest…nypost.com
but we just passed the inflation reconstitution proclomation discrapation bill that was gonna bring down inflation to 1.5% by nowDemocrats are the enemy of this nation
Can't wait for the new numbers to see how much the Dims "Inflation REduction Act" has lowered Bidenflation.