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Johnny2X2X

(18,969 posts)
Tue Sep 14, 2021, 09:45 AM Sep 2021

CPI (Inflation) for August comes in lower than expected.

https://finance.yahoo.com/news/stock-market-news-live-updates-september-14-2021-115039142-222854952.html

"The core measure of CPI, which strips out volatile food and energy prices, slowed more than expected to come in at 4.0% year-over-year in August after growing by 4.3% in July. Consensus economists were looking for CPI, excluding food and energy prices, to rise by 4.2%. "

Inflation is leveling off, most of the reported inflation was due to prices being compared to unusual 2020 months that were skewed due to Covid. We actually had deflation for a few months in 2020. Experts expected it to level off, but this beat those expectations.

Long story short, FOX News sees a caravan of immigrants approaching our Southern border any month now.
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