Same story on CPI as previous month: Total is “ok” at +2.4% ...

Inflation data released: Will there be a cut in November?

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DavidBeeby joined discussion · Oct 11, 2024 14:35

Same story on CPI as previous month: Total is “ok” at +2.4% because energy is collapsing, but core is still +3.3% and Services remain HOT & STICKY at +4.7%. Transport +8.5% 🥵.
Sticky services is how inflation has always worked. It’s settled science.

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NorcalSalsa : And what goes up must eventually come down… also settled science

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