Inflation *FLIPPED* and Everyone is Freaking Out

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In September, the consumer price index (CPI) rose by 0.4%, exceeding expectations with a 3.7% increase year-over-year. Core CPI, excluding food and energy, matched predictions at 0.3% monthly and 4.1% annually. Shelter costs primarily drove this inflation, increasing 0.6% monthly and 7.2% over the year. Energy and food prices also surged, while real average hourly earnings dipped 0.2% for the month but rose 0.5% annually. The Labor Department's jobless claims remained steady at 209,000, and Federal Reserve officials are closely monitoring these inflation trends for future policy decisions. #ConsumerPriceIndex #CPI #Inflation #realestate #FoodPrices #Labor #FederalReserve

Timestamps:
What’s Happening With Inflation Now? 0:00
What About the Economy? 10:00
What Can I Do About It? 11:26

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