Washington is sending CONFLICTING messages on inflation. And YOUR money is caught in the middle. Here's what they've said this week: 1. President Trump inflation could pay off the $40 TRILLION debt "very rapidly" 2. White House adviser Kevin Hassett says the US does not want to use inflation to reduce its debt burden 3. CEA Chair Chris Phelan inflation is "coming down before they took any action" 4. The Fed's Austan Goolsbee says too-high inflation remains the Fed's bigger policy priority 5. The Fed's Lorie Logan she estimates rates need to rise another 50 basis points or more And the data isn't settling it either: - August PCE inflation came in at 3.4% year over year, below the 3.7% expected - But ISM's manufacturing prices index jumped back near its reading when the Iran war began - And the US added just 29K jobs in September, vs 90K expected in a Reuters survey Higher inflation means your dollars buy less. Higher rates can make new mortgages, car loans and credit card borrowing more expensive. The Fed decides on October 28.