Lucy Minhas XIAl

🛑 Inflation is Stuck. What Does 3.0% Mean for You? The latest cpi data confirms what many of us are feeling at the checkout counter: inflation isn't just a temporary guest; it's proving difficult to evict. After bottoming out earlier this year, headline inflation has ticked back up to 3.0%. While we aren't seeing the sky-high numbers of the past, we are seeing "Sticky Inflation" prices that refuse to come down to the Fed's 2% target. 📊 The Breakdown: 🏠 Shelter: Still the biggest weight, up 3.6%. Rent and housing costs are keeping the floor high. 🥚 Food: Up 3.1%. Grocery bills are expanding faster than paychecks for many. ⛽ Energy: Reversing course and heating up again at +2.8%. The Bottom Line The "last mile" of the inflation fight is the hardest. The Fed may have to keep rates higher for longer to crush this resurgence. 👇 Discussion Which category is hitting your budget the hardest right now? Rent, Groceries, or Gas? Let us know below! #CPIWatch #FinanceNews #rsshanto #CostOfLiving #MoneyManagement