1srelluc
Diamond Member
3.1 rather than the 2.9 expected.
That is some very sticky inflation.
And they want to borrow and spend even MORE!
Going to be here for a long, long time.
www.morningstar.com
Sorry stock market, no rate cuts for you.
That is some very sticky inflation.
And they want to borrow and spend even MORE!
Going to be here for a long, long time.
![www.morningstar.com](https://morningstar-morningstar-prod.web.arc-cdn.net/resizer/86TGB6y4_XpQQc4XcpopxTrhs1M=/2401x1351/smart/filters:no_upscale()/cloudfront-us-east-1.images.arcpublishing.com/morningstar/UO27WVNBNFERJN2HBGETNU6OOA.png)
January U.S. CPI Report Shows Inflation at a 3.1% Annual Rate, Hotter Than Expected
Core CPI also shows higher inflation rate than predicted.
Sorry stock market, no rate cuts for you.