4 ms·
> I feel like the rise of only 0.1% October->November is more significant than the 7.1% YOY headline number You are correct. They always report the much more
by _jal 4y ago
> I feel like the rise of only 0.1% October->November is more significant than the 7.1% YOY headline number
You are correct.
They always report the much more meaningless headline number. The current inflation rate is around 1.2%, well below Powell's target.
Of course we've already overshot, and are still at risk of a manufactured recession. Which was the goal, workers were getting uppity and We Can't Have That.