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You can bet the 12 purported geniuses on the FOMC have never looked at the graph below.It shows that
The BLS on Friday released its much-anticipated inflation report, delayed a week and a half because of the government shutdown.
The annual inflation rate as measured by the CPI was expected to be 3.1% in September, according to the Dow Jones consensus estimate.

US business activity growth accelerated in October to the second-fastest so far this year, according
The Friday release of September's consumer price index report is pretty much the only game in town this month.
The Labor Department is scheduled to release a consumer price index report on Friday, delayed by the government shutdown.
Elon Musks electric car maker reported record revenue as US buyers rushed to secure a key tax credit.

A few years ago, The Economistpublished an issue called “The Triumph of Big Government,” highlightin
Shares in the struggling plant-based meat company have rallied as retail traders pile onto stock.
The India-U.S. trade talks collapsed earlier this year with New Delhi not agreeing to widen market access to its vast agricultural and dairy sectors.

Since the turn of this century, OECD countries have experienced a marked trend of declining corporat
The Chinese company saw strong sale in overseas markets, especially in the US.
The Bank of England governor says the collapse of two US firms could be a sign of wider problems in the financial sector.
The department, tasked with safeguarding the US nuclear stockpile, has never furloughed workers before since its establishment in 2000.
In the German Bundestag, Friedrich Merz appealed to the EU to integrate the fragmented European capi
As shares remain high, investors have been jumping at signs of trouble.
The federal government managed to escape with a $1.78 trillion shortfall, some $41 billion, or 2.2%, less than fiscal 2024.
The firm said its estimate of additional expensed for companies is probably conservative.
The risks are mounting for the Swiss economy as the country‘s goods face one of the Trump administration’s most punitive tariff rates.

After yesterday's surge in the New York Fed's Manufacturing survey (showing strong new orders and em