Inflation is getting hotter, with core inflation surging even more than the headline CPI number. Some lowlights from the new report, in case you missed it:Just In: Inflation rose 8.2% in the past year. Meanwhile, President Biden has been boasting about the "Inflation Reduction Act" that Americans rightly do not see as legislation that will achieve what it name suggests. They can call that "inflation reduction" until they're blue in the face. If it is, it will be a slight recession.

Source: Washington Post October 13, 2022 16:46 UTC