CPI had its largest one-month increase… Not since 2008 have we seen such an increase.
U.S. Consumer Prices Up 0.3% in September… Energy and housing drove prices higher. Core inflation, excluding food and energy, rose a modest 0.1%. What it means – Prices increased 1.5% from last year, and core inflation jumped 2.2%. That’s higher than the Fed’s 2.0% target, but they don’t use the Bureau of Labor Statistics’ core […]