The Fed’s own forecast now says inflation is re-accelerating

Sharing is Caring!

The Fed's own forecast now says it's re-accelerating. It never came down except in energy, the other 2 categories food and core were up 5.7%. and 4.8%. Now that energy is rising again, the illusion of 3% inflation will disappear. pic.twitter.com/5zCSHlPSFX

— Dan Davis (@DanDavi47038421) August 7, 2023

See also Inflation is 'contained.' Just got this in my email:

See also Inflation is low but living costs are high. The gap between economists' numbers and consumer feelings is due to outdated inflation measures.