September 1, 2025: Fed Reaches Inflation Target, Cheese Sandwich Costs $120
In stock market news, toilet paper manufacturers continued rallying while tech and luxury-brand stocks continued their slide to decade lows.
September 1, 2025: The Federal Reserve announced that the nation's inflation rate has finally reached its target of 3%, after seasonal and hedonic adjustments. "The brief period of modestly higher inflation from 2022 to 2025 has drawn to a close, and we are confident that the inflation rate can be maintained at 3%."
When asked about the disparity between…
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