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Re:Inflation rose 9.1% in June, even more than expected by spaceman_2020 on Wednesday July 13, 2022 @05:35PM (#32089045)
1.5% federal rate when inflation is 9% isn't going to have any impact at all.

Read some of the comments on YouTube or Facebook where the bottom 50%ile congregate. People are hurting bad, especially because of the rent increases.

Now that they've been so slow to act, inflation has a good chance of becoming endemic. Its steeped into services now which tends to be very sticky.

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