Tommy: inflation's been over two percent for sixty-seven months. Dougie: I was three, I'm owed back pay. Scarf: since March 2021. Town hall: raise the rates to a hundred! Abe: Mayor, is inflation beaten? Mayor Dithers: it's resting (September CPI 3.7%, core 2.6%). Tommy learned something today: the Fed hiked once, in September, to 3.75-4%, and markets expect a skip in October, then December. Dougie: I'll skip to December, pay up.
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
