Inflation Was Already Rising Before the War – Now the Real Surge Begins

The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures index, rose 0.4% in February alone and is now running at 2.8% annually, while core inflation, which strips out food and energy, is still sitting at 3.0%. That is not progress. That is stagnation well above the Fed’s 2% target, […] The post Inflation Was Already Rising Before the War – Now the Real Surge Begins appeared first on Activist Post.

Source: https://www.activistpost.com/inflation-was-already-rising-before-the-war-now-the-real-surge-begins/

Author: Editor