Dig dug inflation11/14/2022 ![]() ![]() Most traders already expected a rise of up to three-quarters of a percentage point, three times its usual margin, at the U.S. That appeared likely to reinforce Fed plans for more big rate hikes. Prices in September rose 0.6% from the previous month. The CPI was down from August's 8.3% increase but not as much as expected.Ĭore inflation, which strips out volatile food and energy costs to show the long-term trend, accelerated to 6.6% from August's 6.3%. One component that is closely followed by policy makers and investors accelerated to its hottest level in 40 years. ![]() government data showed inflation is spreading more widely across the economy. The Nasdaq composite climbed 2.2% at 10,649.15. The Dow Jones Industrial Average rose 2.8% at 30,038.72. On Wall Street, the S&P 500 rose to 3,669.91 after a swing of five percentage points from its lowest point during the day. New Zealand and Southeast Asian markets also rose. The Shanghai Composite Index added 1.7% to 3,067.65 and the Kospi in Seoul rose 2.4% to 2,214.48. Tokyo's Nikkei 225 jumped 3.4% to 27,141.18 and the Hang Seng in Hong Kong gained 3.3% to 16,935.67. Traders worry they might tip the global economy into recession. The Fed and central banks in Europe and Asia have raised rates by unusually wide margins this year to contain inflation that is at multi-decade highs. If it either escapes or Dig Dug kills it, the stage is complete.The “sticker shock” of inflation was "shrugged off,” possibly because traders already expect another sharp interest rate hike from the Federal Reserve next month to cool surging prices, said Vishnu Varathan of Mizuho Bank in a report. When there is only one enemy left in the stage, that enemy will attempt to escape to surface for its life. Both enemies can fly through the dirt to other tunnels. Frygars are little green dragons that have the ability to spit fire to attack. Pookas are little yellow-goggled red things that walk along the tunnels. Another way to defeat an enemy is by walking underneath a rock and let it fall on the enemy. Dig Dug can tunnel through the dirt creating his own paths and is armed with an inflation device that he can use to inflate the enemies till they explode. Scattered within the dirt are some boulders. Each stage takes place underneath the dirt where the various enemies are hiding in little tunnels within the dirt. The player controls a little guy named Dig Dug whose mission is to eliminate all of the enemies in each stage. Famicom port of the original arcade game. ![]()
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