There Will Be No ‘Soft Landing’ on Inflation If We Never Begin Our Descent
Economy And Jobs,Inflation,Business,Labor,Trade,Supply Chains,Federal Reserve,Interest Rates,World,Gas Prices,Housing Market,Energy,Politics,Joe Biden
From the Right
AllSides Media Bias Rating: Lean Right
On Wednesday, I noted that headline inflation in April was tempered by a BLS-measured decline in gasoline prices, and May would not have that benefit. The monthly growth rate for most non-energy prices from April’s report either held steady or accelerated, and without lower gasoline prices to compensate, things could get ugly.
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