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Underlying US inflation rose in November from a year earlier at the slowest pace since early 2021, according to a report complicated by the federal government shutdown.

Wow! But how?

  • Core CPI inflation in the US at its lowest level since March 2021.
  • The largest monthly declines since 2023!

While everyone expected +10 basis point increase, it actually fell on the face by -40 basis points.

So, inflation is now at its closest point to the Fed's 2% target since the pandemic.

2026 predictions, huhhh??

Just wait for the "correction" of these results :-)

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My guess is that it’s a blip from cutting off the government spigot during the shutdown.

If so, expect a big rebound.

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69 sats \ 1 reply \ @siggy47 18 Dec

That, or Trump twisted a few arms and threatened a few jobs.

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Could be, but I have reason to believe that’s not how interference would manifest.

Some form of self-censoring is more likely, imo.

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I don't. I think this is all scheduled. Trump wants printer to go brrrrrrrr badly.

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India 🇮🇳 is so clean

If only the world emulated stupid India

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Yeah, that is weird. But then, with the delayed reports out of the feds, a lot of things are suspect now.

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