The News Radar

Timely links to external news and articles, usually valuation related, with occasional commentary.

Originally posted Tuesday, 13 September 2022
US Inflation Tops Forecasts, Cementing Odds of Big Fed Hike

The consumer price index increased 0.1% from July, after no change in the prior month, Labor Department data showed Tuesday. From a year earlier, prices climbed 8.3%, a slight deceleration, largely due to recent declines in gasoline prices.

Particularly ugly to see inflation once again rising on a month-over-month basis.