US inflation soars to 40-year high, pushes Fed to rate hike

[oldtimer28]

Inflation in the US rose at twice the pace forecast by economists, while one of the key measures watched by the Federal Reserve hit its highest level since 1982, placing further pressure on the central bank to keep aggressively lifting interest rates.

In what is the last inflation reading before the country’s mid-term elections, President Joe Biden was quick to douse concerns that inflation, driven by the highest jump in monthly services inflation since 1992, was here to stay.

“Americans are squeezed by the cost of living: that’s been true for years, and they didn’t need today’s report to tell them that,” Mr Biden said.

[Patrick Chewing]

"Our economy is strong as hell"


https://www.youtube.com/watch?v=llwEUH4Lnb4


https://i.ibb.co/YjtcPfm/FG5w1-P6-VEAEBab-H.jpg

[Off the Court]

The economy is strong as hell. Everyone's employed and companies are reporting record earnings.

Which is why everyone is jacking prices. Couldn't do that in a bad economy.

The FED is trying to slow the economy down to kill inflation.

And OP copy pastes everything he posts.

[Patrick Chewing]

The economy is strong as hell. Everyone's employed and companies are reporting record earnings.

Which is why everyone is jacking prices. Couldn't do that in a bad economy.

The FED is trying to slow the economy down to kill inflation.

And OP copy pastes everything he posts.

Democrat shill.

[diamenz]

here's article op plagiarized:

https://www.afr.com/world/north-america/us-inflation-soars-to-40-year-high-pushes-fed-to-rate-hike-20221013-p5bppl

[Axe]

"Our economy is strong as hell"


https://www.youtube.com/watch?v=llwEUH4Lnb4


https://i.ibb.co/YjtcPfm/FG5w1-P6-VEAEBab-H.jpg
Meltdown.

[BigKobeFan]

8.3% my ass. Only a dumbo would believe that. If they stepped out of their moms basement and actually stopped asking their moms to pay for stuff. They would know inflation is at least 40%

[Off the Court]

8.3% my ass. Only a dumbo would believe that. If they stepped out of their moms basement and actually stopped asking their moms to pay for stuff. They would know inflation is at least 40%

:roll:

[Lakers Legend#32]

One child being forced to have their rapist's baby should be a bigger issue than any single person's gas prices in this country.

[Patrick Chewing]

One child being forced to have their rapist's baby should be a bigger issue than any single person's gas prices in this country.

The only reason gas prices aren't a bigger issue to you is cause you never leave the house. And if you do, you use a tricycle.

[Nanners]

Look fat heres the deal - its called "Putlers price hike" and theres nothing that our totally lucid and competent president or his cabinet of highly accomplished "experts" can do to counter it... thats not a joke

[Lakers Legend#32]

The only reason gas prices aren't a bigger issue to you is cause you never leave the house. And if you do, you use a tricycle.

Poopsie Pro Herschel. Pro Abortion.