Today's word is streak. Professor Wobble: a streak is a run that does not stop, and inflation has beaten the Fed's 2% target for sixty-seven months. Bitsy: since when? Since March 2021; September ran 3.7%. Mort: one hike so far, in September, to 3.75-4%; markets expect another in December. Brought to you by the number sixty-seven.
US consumer inflation has been above the Fed's 2% target for 67 straight months, every month since March 2021; it ran 3.7% in September, the Fed made its first hike in more than three years in September, and markets expect it to skip October and hike again in December; one commentator says more hikes are coming.
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X · Oct 14, 2026
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