Lemmy.World

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The World's Internet Frontpage Lemmy.World is a general-purpose Lemmy instance of various topics, for the entire world to use.

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founded 1 year ago

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131

submitted 4 months ago by MicroWave to c/economics

31 comments fedilink

Key Points

Commerce Department indexes that the Fed relies on heavily for inflation signals showed prices continuing to climb at a rate still considerably higher than the 2% annual goal.
The stubborn inflation data raised several ominous specters, namely that the Fed may have to keep rates elevated for longer or even have to hike at some point.
Thus far, the economy has managed to avoid broader damage from the inflation problem, though there are some notable cracks.

submitted 4 months ago by [email protected] to c/[email protected]

5 comments fedilink