Price growth held firm in December, capping a year of persistent #inflation
Expensive #food, #rents lift #US #ConsumerPrices
#economy #affordability #CostOfLiving #recession #Trump #tariffs #trumpcession
reuters.com/business/us-consum…
Price growth held firm in December, capping a year of persistent #inflation
Expensive #food, #rents lift #US #ConsumerPrices
#economy #affordability #CostOfLiving #recession #Trump #tariffs #trumpcession
reuters.com/business/us-consum…
Nonilex
in reply to Nonilex • • •#US #ConsumerPrices increased in December, lifted by higher costs for #rents & #food as some of the distortions related to the government shutdown that had artificially lowered #inflation in November unwound, cementing expectations the #FederalReserve would leave #InterestRates unchanged this month. [Hence the #Trump #DOJ “criminal investigation” into #Fed Chair #JeromePowell]
#economy #affordability #CostOfLiving #recession #tariffs #trumpcession