ZeroDailyGet it on Google Play

Government loses inflation data, your credit card company found it.

Original headline: Your holiday credit-card bills are going up. What you can do to ease the pain. — marketwatch.com

More in Technology finance news

A glitch in government reporting due to a previous budget shutdown has led to officially 'missing' inflation data for October 2026. While the Bureau of Labor Statistics can't publish a clean annual inflation rate, financial institutions like credit card companies are not similarly constrained. They have direct access to raw price data and can use it to justify higher interest rates on consumer debt.

For users, this means holiday credit card bills will likely increase regardless of the official statistical silence. The article cynically points out that financial pain operates independently of government data releases, ending with the takeaway that your bank always has the real numbers when it's time to charge you more.

Read the original at marketwatch.com

Satirical commentary on real tech news, summarised with AI. Read the original source for the facts. How ZeroDaily works

Open in the appGet it on Google Play

More stories

Add ZeroDaily on Google