Cartoon Meme on Rising CPI and Core Inflation in the U.S.
Category:
Economy
Created:
Concept
A grotesque, satirical cartoon meme of Inflation Monster Itch, a bloated, oozing creature representing America's stubbornly high inflation rates. The meme exaggerates recent CPI and core inflation figures (2.9% and 3.1%) as a monstrous villain tormenting consumers and policymakers, poking fun at the chaos around the economy and Federal Reserve policy debates.
Original Story
New inflation data is expected to show CPI rising 2.9% year-over-year (up from 2.7%) and core inflation holding at 3.1%, reflecting stubborn price pressures in the U.S. economy. Analysts suggest this could delay interest rate cuts, sparking debate over whether 3% inflation is becoming the new normal. The report has reignited public frustration over high prices on everyday essentials like food, gas, and housing.Full Story