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 π
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. West wind 5 to 14 mph, with gusts as high as 24 mph.
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76 degrees | 53 max dew point | 8:33 sunset |
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Tonight. Feels like … June 1st. |
Partly cloudy. Northwest wind 5 to 7 mph becoming calm in the evening.
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53 degrees | 5:15 sunrise |
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Saturday. Feels like … June 11th. |
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.
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78 degrees | 54 max dew point | 8:34 sunset |
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Saturday Night. Feels like … June 11th. |
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.
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56 degrees | 5:14 sunrise |
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Sunday. Feels like … May 31st. |
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.
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75 degrees | 60 max dew point | 8:34 sunset |
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Sunday Night. Feels like … June 26th. |
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.
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60 degrees | 5:14 sunrise |
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Monday. Feels like … June 15th. |
A chance of showers, mainly before 2pm. Mostly sunny. Chance of precipitation is 30%.
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79 degrees | 61 max dew point | 8:35 sunset |
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Monday Night. Feels like … June 15th. |
Partly cloudy.
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57 degrees | 5:14 sunrise |
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Tuesday. Feels like … June 27th. |
Mostly sunny.
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82 degrees | 56 max dew point | 8:35 sunset |
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Tuesday Night. Feels like … June 18th. |
Partly cloudy.
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58 degrees | 5:14 sunrise |
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Wednesday. Feels like … June 27th. |
Mostly sunny.
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82 degrees | 59 max dew point | 8:36 sunset |
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Wednesday Night. Feels like … July 2nd. |
Partly cloudy.
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61 degrees | 59 max dew point | 5:14 sunrise |
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Thursday. Feels like … July 15th. |
Scattered showers. Mostly sunny. Chance of precipitation is 30%.
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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. π There is a west-southwest breeze at 5 mph. π. The dew point is 52 degrees.
Out for the morning walk on the plaza. πΆβοΈ 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. π» 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 π§ 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. π¨π» 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.