Oct. jobs, inflation reports may never get published
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Inflation Alert: These 6 Expenses Have Doubled Since 2020
This article originally appeared on GOBankingRates.com: Inflation Alert: These 6 Expenses Have Doubled Since 2020 The Federal Reserve’s annual inflation target is 2%, since this is the number most likely to keep prices stable and ensure U.S. consumers can make sound financial decisions. But the ideal inflation rate isn’t always obtainable.
Trump claimed Friday: “We have almost no inflation. We’re down now to 2%.” He said at the same event: “Inflation is almost nonexistent.” Those claims are slightly more accurate than Trump’s late-October claims that “we don’t have any inflation” and that “we’re down to 2%, even less than 2%.” But the new claims are still wrong.
India’s inflation rate fell to a record low in October, driven by a sharp drop in food prices, prompting economists to predict more aggressive interest rate cuts.
Chancellor has been pushing cabinet ministers to find ways to reduce financial pressure on households ahead of Budget
Median rents in the city rose sharply year over year and stayed largely flat month over month in October, the latest sign that apartment hunters should expect only modest relief on prices even after the end of the busy summer season.
Since the Fed’s rate cut at the end of October, the entire yield curve from the 3-month Treasury yield to the 30-year Treasury yield has risen. Mortgage rates have risen too. Read more here.