(The monthly Consumer Price Index (CPI) is scheduled for release by the Bureau of Labor Statistics on Thursday, January 12th at 8:30 AM Eastern Time.) The overall inflation rate in November was just 0.1 percent, held down by a 2.0 percent drop in gas prices. However, inflation in the core index was also moderate, coming […]
The post Inflation Preview: What to Look for in the December CPI appeared first on Center for Economic and Policy Research.
I have been seeing various posts on Twitter from Republican politicians saying how Joe Biden’s inflation is devastating families as we approach the holidays. Of course, it would be amazing if we didn’t have some discomfort given a worldwide pandemic and a major war in Europe, but we can’t expect that Republican politicians would know […]
The post Real Consumption Rises as Inflation Decimates People in Joe Biden’s America appeared first on Center for Economic and Policy Research.