Re:Yellen: US will hit debt ceiling in mid- or late-January
by clipsy on Saturday December 28, 2024 @10:53PM
(#42537383)
Got a citation for that claim? Because from what I see it's still enormously higher than it was 4 years ago: https://tradingeconomics.com/argentina/inflation-cpi (166% annual rate in Nov 2024, compare with 35.8% annual rate in Nov 2020).
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Re:Yellen: US will hit debt ceiling in mid- or late-January
by jml7c5 on Sunday December 29, 2024 @02:12AM
(#42538269)
Those are annual (over-the-prior-year) numbers, not monthly ones. When there is a rapid swing like this it makes more sense to look at monthly inflation (a much better approximation of the rate right now), which is at the lowest it's been in four years.
The relevant graph is here: https://tradingeconomics.com/argentina/inflation-rate-mom