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A comment on FDIC set to take First Republic Bank into receivership. Parent comment

Re:FDIC set to take First Republic Bank into receivership by blitzar on Saturday April 29, 2023 @04:27AM (#35751140)
March 2023 1 month inflation is 0.1% - should that repeat every month (obviously it wont) for the next 12 months, 1.2% annual inflation.

The June print for healine annual inflation (from the prior 12 months) is going to be ~3%. Negotiate your wage increases before it is too late.

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Re:FDIC set to take First Republic Bank into receivership by trashtester on Saturday April 29, 2023 @05:53AM (#35751528)
> March 2023 1 month inflation is 0.1%

Only due to shifts in food and energy prices, which are both highly volatile. Exclude those, and there is still 0.3% month-on-month inflation, or 3.6 annualized, which is still almost 2x the target.

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