Chart Of The Day: Core CPI Gains 2.3% Y/Y—–Most Since October 2008

So we have inflation rising, and we supposedly have a tremendous jobs market, as the unemployment rate is below 5% and unemployment claims are at decade lows. Shouldn’t Janet be raising rates with such numbers? Or does the government and the Fed ignore the numbers because they know it’s all bullshit? The beatings will continue until morale and the net worth improves among the establishment.

Core CPI print has not been higher since October 2008

Rent and shelter inflation soaring.

Even the lying BLS has medical services inflation at 3.9%