BREAKING: US CPI DROPS TODAY – But Wait, Inflation's Still Sneaking Up on Your Wallet!😱💸
It's 8:30 AM ET, and the numbers are HERE: September CPI clocked in at 3.1% YoY – up from August's 2.9%, the HOTTEST since May 2024! 🔥
Core CPI? Steady at 3.1% – food & energy stripped out, but shelter & groceries are STILL biting hard. Monthly jump? 0.4%, same as last month.
Why care? This could SLAM the brakes on Fed rate cuts – markets betting on 25bps next week, but sticky prices = higher-for-longer vibes. SS checks get a ~2.7% COLA boost for 2026 tho – small win for 75M peeps! 🏆
Gov shutdown delayed this drop, but the tea leaves say: Inflation's not dead, it's just evolving. What's your take – rate hike incoming or nah? 👇 #USCPI #Inflation #FedWatch #Economy
YoY CPI Trend – spiking to 3.1%! 📈]
comment if your grocery bill just laughed at you! 😂