inflation, consumer price index
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With the exception of goldbugs, almost everyone seems to have abandoned their inflation worries. The Federal Reserve is easing again, Wall Street stocks and bonds are rising in tandem, and even the bruised dollar has perked up a bit.
This paper examines the effectiveness of inflation targeting (IT) frameworks during the global inflation surge of 2022, a shock primarily driven by large adverse supply side disruptions following the onset of the War in Ukraine.
Conservative Republican political consultant and pollster Frank Luntz today reported on social media: “Grocery inflation is back at +0.6% per month, its highest monthly increase since August 2022. Virtually all major grocery categories are now more ...
A long-running Gallup poll shows a steep drop in the share of Americans who name inflation as their biggest financial problem. Only 29% of consumers listed inflation as their top financial concern in April, down from 41% in April 2024. It’s the ...