us inflation
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Opinion
No Joe, price gouging, shrinkflation are not the problems
Recently President Joe Biden said that he will take action to reduce high prices. He notes that prices, on average,…
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Opinion
Credit Card Debt Indicative of Inflation Psychology
When the Federal Reserve paused its interest rate increases last September, I worried that it stopped raising rates too soon.…
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Opinion
Inflation Rises to 3.4%,Likely to Go Higher
The Bureau of Labor Statistics just released the inflation data for December 2023. The Consumer Price Index increased by 0.3%…
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Opinion
If Inflation Increases, Forget About Interest Rate Cuts
Recently, Federal Reserve chair Jerome Powell said that with the inflation rate falling and the labor market cooling, interest rates…
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Opinion
Secretary Yellen Looks to Be Wrong Again
Treasury Secretary Janet Yellen recently talked about the progress that the Biden administration and the Federal Reserve have made toward…
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Opinion
Despite Rhetoric, Inflation Remains a Major Problem
The good news is that the annual inflation rate has fallen from a peak of 9.1% in June 2022 to…
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Opinion
UAW Deal Cements Wage-Price Spiral
As noted in a prior column, the country has started to experience the beginning of the dreaded wage-price spiral. This one,…
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Opinion
Latest CPI Proves Inflation Fight Must March On
The September consumer price index (CPI) number indicated that the annual inflation rate was 3.7%. This is the same annual…
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Opinion
Fed’s Rate Pause Contributes to Harmful Inflation Psychology
Once again, the Fed has eased up on its restrictive monetary policy too soon. Late last year the Fed stopped…
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Opinion
Inflation Inches Up in July; More Ahead
The Bureau of Labor Statistics just announced that the Consumer Price Index increased by a modest 0.2% in July. That…
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Opinion
Biden’s inflation reduction victory lap is premature
President Biden recently took a victory lap when the latest economic data indicated the inflation rate for the past year…
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Opinion
Fed’s Pause Will Allow Inflation to Linger
Starting last June, I thought the Fed had it right and was fully prepared, as they said, to make price…
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Opinion
Inflation is tame in May, but likely to accelerate. Fed must raise rates again.
According to the Bureau of Labor Statistics, the Consumer Price Index (CPI) increased by only .1% in May. For the last…
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Opinion
4.9% CPI Proves Fed Must Be More Forceful in Fighting Inflation
The Bureau of Labor Statistics just released the Consumer Price Index for April. The CPI increased by 0.4%, bringing the 12-month inflation…
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Opinion
The Fed Increases Rates a 10th Time — Still Not Enough
The Federal Reserve just announced the Federal Funds rate is raised by another 25 basis points, it’s the 10th increase…
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