Federal pricing data released this week for consumer and producer prices shows that inflation rose last month.
Harvard professor and former economic advisor to President Barack Obama Jason Furman said the consumer data could show a “resurgence of inflation” not to the ultra high levels in recent years but to more recent elevated data.
Harvard professor and former economic advisor to President Barack Obama Jason Furman
ReplyDeleteSays it all!
He hasn't noticed that most of this country is tired of having their leg pissed on.
ReplyDeleteThe Federal Reserve says they are data dependant. That's like driving forward by watching the rear view mirror. The alternative is anticipating conditions, which is like predicting the dice in craps.
ReplyDelete"Ooooh! Now you've done it! You've re-elected Donald Trump and we're going to do our best to make him fail!"
ReplyDeleteAlso, what Stevearinob said.
Stevearinob, he doesn't care that most of this country is tired of having their leg pissed on.