Inflation Soars to 7% a 40 Year High
CPI data released this morning revealed that the year-over-year inflation rate has hit 7%. This is the highest rate experienced in 40 years (since 1982) in the USA and there is no sign that we will be inflecting downward…
Inflation hits 30 year high at 6.2% year over year according to CPI data.
According to CPI data released today, inflation has hit a 30 year high at 6.2% year over year. This has officially killed the narrative that “inflation is transitory” and will magically disappear according to the Federal Reserve. But what is…