Month: December 2022

For well over a year now, inflation has been a big thorn in the side of U.S. households. You may recall that as recently as June, the consumer price index (CPI) topped 9% –something it hadn’t done in the nearly 41 years that came before.[1] Recently, there have been some signs of relief. One of …

Recession Red Flag: Heading Into Economic “New World Order” Says BlackRock Read More »

In October, the consumer price index increased at its slowest year-over-year pace in nine months.[1] “Slow” is very much relative in this case, however. At 7.7%, October’s CPI remains not far off the 40-year highs reached earlier this year.[2] Still, despite the persistence of high inflation, few expect acutely elevated prices to last. But even …

We Now Live in an “Age of Inflation” Says Distinguished Economist Read More »