US annual inflation declines to 7.7% in October vs. 7.9% expected
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Re: US annual inflation declines to 7.7% in October vs. 7.9% expected
#2Finally the mania is slowing down. It seems the rate hikes and layoffs are working.
Re: US annual inflation declines to 7.7% in October vs. 7.9% expected
#3For those who were wondering if we would officially be in a recession after November 8 elections, the answer is still "no".
Re: US annual inflation declines to 7.7% in October vs. 7.9% expected
#4No post body was provided.
Re: US annual inflation declines to 7.7% in October vs. 7.9% expected
#5Finally the mania is slowing down. It seems the rate hikes and layoffs are working.
Probably too strong of a statement. I don't view this as a huge miss (.2%), and ask anyone you know on a fixed income what this is doing to their retirement. Ulitmately, it's the glut of cash out there (IMHO) that is going to need to resolve itself before inflation gets back to a normal level.
Re: US annual inflation declines to 7.7% in October vs. 7.9% expected
#6For those who were wondering if we would officially be in a recession after November 8 elections, the answer is still "no".
It will take a quarter, but given the massive layoffs occurring now, the projections of early next year are looking spot on.
Inflation is a different problem.
Re: US annual inflation declines to 7.7% in October vs. 7.9% expected
#7No post body was provided.
Re: US annual inflation declines to 7.7% in October vs. 7.9% expected
#8No post body was provided.
Re: US annual inflation declines to 7.7% in October vs. 7.9% expected
#9Quoted post unavailable.
So you’re saying you don’t buy a new TV every time you get groceries?
Re: US annual inflation declines to 7.7% in October vs. 7.9% expected
#10Inflation was 0.4% month-over-month. This is the same rate we saw las month.