, Columnist
It's Official. The Inflation Numbers Are a Hot Sticky Mess
The debate over whether this is transitory is over, and the question now is what to do.
Now over to the Bureau of Labor Statistics for a fresh take on the numbers...
Photographer: Kevin Winter/Getty Images
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We have October’s inflation numbers, and they were bad. Indeed, they were worse than the worst fears, with U.S. CPI exceeding the highest estimates provided by economists to Bloomberg. When you go below the surface, they’re even more troubling than they look.