đŽ Has the Fed's Worst Nightmare Begun: Stagflation?
1. Core CPI inflation rose to 3.3%, the first increase since March 2023.
2. 258,000 people filed for unemployment this week, above expectations of 230,000.
đ Once the September jobs report is revised sharply, it will reveal the Fed's nightmare situation.
đ„ Inflation is rising as unemployment rates rise.