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the economy. inflation remains high but unemployment remains low. jarred bernstein of the president's counsel of economic advisers will try to explain. 31 years after her judiciary committee testimony against clarence thomas, anita hill talks about the supreme court and her bud, believing, live. and laura proof that speaker pelosi ate one bit afraid of donald trump. >> i'm gonna punch him out, i'm going to go to jail, i'm going to be happy. >> i'm jonathan capehart, and this is the sunday show. this sunday, the january 6th elect committee is closing argument. and what was likely last...

not ones to write home about. 11.3% is the jump in wholesale prices from a year ago and came in lot steamier than economists predicted coming off the -- you know what it feels like when you buy things. consumer prices are up substantially. fastest pace we've seen since 1981 back in reagan years. >> you have to go to art laffer to find that out. white house points out wages are up. here is the deal. wages aren't rising at the pace of inflation. you look at a pay cut of 3.6%. >> if you crunch the numbers inflation is costing the average american household $500 a month. setting on fire ...

Have a friend or family member with a big blank wall that makes you mutter under your breath, “For the love of everything holy, don’t you have any pictures?”

Yesterday's, US October CPI surprised to the downside both in headline (+0.04% m/m SA; consensus +0.1%, Sep +0.40%) and core (+0.23% m/m SA; consensus +0.3%; Sep +0.32%) terms. Shelter accounted for the majority of the downtick in core inflation, but promisingly for the Fed, price pressures in the broader services sector also appeared to moderate.

The CPI's year-over-year comparison distorts the true picture of inflation. Shorter averaging intervals show Fed's 2% inflation target has almost been reached.