This is a battle between the fed and sticky rent-seeking homeowners. Everyone else is a pawn. Our healthcare, livelihoods and families are mere collateral damage.
This is a battle between the fed and sticky rent-seeking homeowners. Everyone else is a pawn. Our healthcare, livelihoods and families are mere collateral damage.
Ignoring CPI, inflation is rampant in many other areas such as agriculture (basically everything is up) and manufacturing of good (again, everything seems up, metal, paint, fasteners, etc.)
"Services less energy services" contains Shelter, transportation and medical services, of which, shelter has the highest weightage: https://www.pewresearch.org/fact-tank/2022/01/24/as-inflatio...
which is still increasing month over month as much as other things but increases CPI measure disproportionately higher: https://www.bls.gov/news.release/cpi.nr0.htm