Topic

Inflation pressures Trump before midterms

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U.S. consumer inflation rose to 3.7% in September, above forecasts as energy costs climbed, adding pressure on President Donald Trump and Republicans ahead of midterm elections.

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Rising Medical And Living Costs Drive Voter Anxiety In Crucial Midterms www.forbes.com/sites/joshua...
Rising Health And Living Costs Drive Voter Anxiety In Crucial Midterms
With the rise in premiums and deductibles not included in the CPI increase, it’s evident that certain healthcare costs are enhancing the affordability crisis.
www.forbes.com
October 14, 2026 at 10:54 PM
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Soaring Energy Prices Push Inflation Higher www.nytimes.com/2026/10/14/b...
Soaring Energy Prices Push Inflation Higher
Also, polls show that the Texas Senate race is tightening. Here’s the latest at the end of Wednesday.
www.nytimes.com
October 14, 2026 at 10:30 PM
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Higher Energy Prices led to Acceleration of U.S. Inflation to 3.7% Ahead of Midterm Elections
- The New York Times www.nytimes.com/2026/10/14/b...
October 14, 2026 at 10:23 PM
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Prices increased in September in last inflation report ahead of elections - The Washington Post www.washingtonpost.com/business/202...
October 14, 2026 at 10:16 PM
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This morning’s inflation report from US Bureau of Labour Statistics showed consumer prices rose 3.7 % from a year ago.

Since Trump returned to office, Americans have experienced zero wage growth, in real terms, because wage growth has failed to outpace inflation

www.nytimes.com/2026/10/14/b...
October 14, 2026 at 10:04 PM

Reposted by Timothy D. McBride

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The Wall Street Journal
Opinion | Inflation Keeps Biting Real Wages

Trump needs to let Kevin Warsh and the Federal Reserve break inflation, or 2028 could repeat 2026 for the GOP.

Opinion | Inflation Keeps Biting Real Wages
Reposts 2 3h

Reposted by Timothy D. McBride

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New York Times
Soaring Energy Prices Push Inflation Higher

Also, polls show that the Texas Senate race is tightening. Here’s the latest at the end of Wednesday.

Soaring Energy Prices Push Inflation Higher
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According to the Federal Reserve Cleveland, inflation expectations over a 1-year horizon are 2.98% y/y, above the Fed's target of 2%. Looking out further, longer-term expectations move closer to 2%. #econsky
October 14, 2026 at 8:55 PM

Reposted by Steve Keen

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Reposted by Steve Keen

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Reposted by Elizabeth Warren

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U.S. tariff shocks significantly elevate long-run unexpected inflation and inject substantial volatility into inflation expectations, fundamentally complicating price stability. doi.org/10.1016/j.najef.202...
October 14, 2026 at 7:30 PM
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2018: Inflation is a domestic demand-side variable under central bank control.

2022: There may be a global supply-side element to it.

2026: The pre-Midterm US CPI target rate of the IRGC, Houthi, and Ukrainian bombing campaigns against fossil fuel infrastructure across Eurasia is 4%.
October 14, 2026 at 7:27 PM
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