An ‘Ugly’ Inflation Report Upended Hopes That Price Gains Would Ease – The New York Times

An ‘Ugly’ Inflation Report Upended Hopes That Price Gains Would Ease – The New York Times

Friday’s inflation report delivered an unwanted surprise for the White House, Federal Reserve and investors.

While many economists and some administration officials had expected prices to show some signs of cooling, they got the opposite: a re-acceleration in price growth that makes it more likely the Fed is going to have to slam the brakes on the economy as it looks to slow the fastest pace of inflation in 40 years.

As one left-leaning think tank put it, the report was “pretty ugly.”

Weather Update – June 10, 2022

Nice weather for today 😎

Very spring like, not super hot and or humid. But then again I have to work and rain tomorrow. Although maybe not that bad looking at the latest numbers. But certainly not real hot and summer like.

Today.
Feels like …
June 4th.

Mostly Sunny

Mostly sunny.

West wind 5 to 14 mph, with gusts as high as 24 mph.

and

76 degrees , 53 max dew point, 8:33
sunset.
Tonight.
Feels like …
June 1st.

Partly Cloudy

Partly cloudy.

Northwest wind 5 to 7 mph becoming calm in the evening.

and

53 degrees , 5:15
sunrise.
Saturday.
Feels like …
June 11th.

Partly Sunny then Chance of Showers

A chance of showers, mainly after 4pm. Partly sunny.

Calm wind becoming south around 6 mph in the afternoon. Chance of precipitation is 30%. New precipitation amounts of less than a tenth of an inch possible.

and

78 degrees , 54 max dew point, 8:34
sunset.
Saturday Night.
Feels like …
June 11th.

Chance of Showers then Mostly Cloudy

A chance of showers, mainly before 7pm. Partly cloudy.

Light south wind. Chance of precipitation is 30%. New precipitation amounts of less than a tenth of an inch possible.

and

56 degrees , 5:14
sunrise.
Sunday.
Feels like …
May 31st.

Chance of Showers then Showers is likely

A chance of showers, then showers likely and possibly a thunderstorm after 2pm. Partly sunny.

South wind 5 to 14 mph. Chance of precipitation is 60%. New rainfall amounts between a tenth and quarter of an inch, except higher amounts possible in thunderstorms.

and

75 degrees , 60 max dew point, 8:34
sunset.
Sunday Night.
Feels like …
June 26th.

Showers is likely

Showers likely and possibly a thunderstorm before 2am, then a chance of showers and thunderstorms after 2am. Mostly cloudy.

Chance of precipitation is 60%. New rainfall amounts between a tenth and quarter of an inch, except higher amounts possible in thunderstorms.

and

60 degrees , 5:14
sunrise.
Monday.
Feels like …
June 15th.

Chance of Showers

A chance of showers, mainly before 2pm. Mostly sunny.

Chance of precipitation is 30%.

and

79 degrees , 61 max dew point, 8:35
sunset.
Monday Night.
Feels like …
June 15th.

Partly Cloudy

Partly cloudy.

 

and

57 degrees , 5:14
sunrise.
Tuesday.
Feels like …
June 27th.

Mostly Sunny

Mostly sunny.

 

and

82 degrees , 56 max dew point, 8:35
sunset.
Tuesday Night.
Feels like …
June 18th.

Partly Cloudy

Partly cloudy.

 

and

58 degrees , 5:14
sunrise.
Wednesday.
Feels like …
June 27th.

Mostly Sunny

Mostly sunny.

 

and

82 degrees , 59 max dew point, 8:36
sunset.
Wednesday Night.
Feels like …
July 2nd.

Partly Cloudy

Partly cloudy.

 

and

61 degrees , 59 max dew point, 5:14
sunrise.
Thursday.
Feels like …
July 15th.

Mostly Sunny then Scattered Showers

Scattered showers. Mostly sunny.

Chance of precipitation is 30%.

and

84 degrees , 62 max dew point, 8:36
sunset.

Daily Update – June 10, 2022

Good morning! Yeah, it’s Friday!

Beautiful morning but rain is coming tomorrow. Out walking laps on the plaza then it’s off to work. And then a raining weekend? Although now the forecast isn’t looking too bad.

Mostly sunny and 57 degrees at the Empire State Plaza. 😎 There is a west-southwest breeze at 5 mph. πŸƒ. The dew point is 52 degrees.

Out for the morning walk on the plaza. 🚢‍♀️ A nice walk. Yesterday, I managed to get in 12,000 steps which isn’t bad for having to run home and get my truck and not doing the mid-day or morning walks. Not a lot of wildlife down at the town park, although I have to admit I was paying closer to attention to my Zoom call rather then nature.

The oil is changed on Big Red and tires rotated. πŸ›» So I should be good for summer trips now, with nothing needed until December, except whatever might break in the mean-time. But I’m not expecting a lot, and I feel like with $5 gasoline, there won’t be a lot of miles driven this summer.

This weekend is going to be rainy 🌧 so I plan to stay close to home, and next weekend but might be cold, but regardless I hope to get out of town so I can enjoy some time in the woods. So far it’s been kind of a bummer summer, just a lot of cold and rain, with very high gas prices.

One nice thing though, is this weekend I won’t have to work for a change. πŸ‘¨‍πŸ’» Just a nice quiet weekend, no work. At least I hope. But I think so. I could go down to the library on Saturday or maybe Five Rivers. I like to get my steps in.