October 31 2024
Kamala destroyed the American economy. President Trump will fix it
More bad news for Americans: inflation rose by 2.7%. This is the largest increase in inflation since April.
Kamala’s economic policies have DESTROYED the economy. Crushing inflation has devastated American families and workers. Many people now struggle to put food on the table and pay their bills. We have to put an end to this economic nightmare.
ICYMI:Core Inflation Rises More than Expected in September — Largest Monthly Gain Since April
- “The Federal Reserve’s preferred measure of underlying inflation posted its biggest monthly gain since April — bolstering the case for slower rate cuts less than a week ahead of the central bank’s meeting to decide its next moves.”
- “The core personal consumption expenditures price index (PCE), which excludes volatile food and energy prices, rose 2.7% in September versus a year earlier.”
- “That was ahead of economists’ forecast for a 2.6% increase and up 0.3% from August, representing a larger monthly gain than the month before.”
- “The PCE showed that the overall rate at which prices rose for goods and services last month was 2.1% — the lowest since early 2021, matching economists’ estimates of 2.1% year-over-year.”
- “The September inflation numbers showed continued price pressures. Services prices excluding housing and energy accelerated to 0.3%. Goods prices excluding food and energy were up 0.1%. Food prices rose 0.4%, the most since early this year.”
Read the full New York Post article here.