October 13, 2022
September Inflation – Hotter than Expected; Core on the Rise
On the heels of last week’s solid jobs report, September inflation data came in hotter than expected this morning likely cementing another 0.75% Fed rate increase next month. While policymakers have responded to elevated inflation with the fastest hiking cycle in over 30 years, the labor market and consumer demand have remained resilient. The Consumer […]
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