The federal government has released its Consumer Price Index (CPI) data for the month of October, 2022, drawing comments from economic observers. The CPI for October declined somewhat, but not by much. According to Mike "Inflation Trader" Ashton, the "chance of more-lasting inflation just went up a lot."
In the past two days, the Federal government (of the USA) has released the CPI (Consumer Price Index) and PPI (Producer Price Index) data for September, 2022. Economists noted that the data were significantly worse than most of them had foretold. I list some of the best commentary hereinbelow.