The latest CPI data highlights a stubborn 3.3% annual inflation rate today, energy costs are the primary driver of the middle class squeeze…
Gasoline prices jumped 21.2% in the latest monthly window, the Hormuz blockade is effectively taxing every American at the pump…
Shelter inflation slowed to 3.0%, the slowest pace since 2021, but core services accelerated to 0.4% per month, preventing any Fed pivot…
Treasury Secretary Yellen’s department warns non housing core services are reflecting fluctuations in medical care, the “soft landing” is getting bumpy…
The inflation floor is rising, the gas pump is doing all the heavy lifting.
A 3.3% print means the Fed’s 2% target is a distant memory for the summer of 2026.
If the U.S. Navy can’t break the blockade, expect double digit energy spikes by the June report.
