Powell Gets His Inflation Wish

The Fed Chairman wanted higher prices. Lets hope it’s ‘transitory.’

Powell Gets His Inflation Wish

The Wall Street Journal – by The Editorial Board

Federal Reserve Chairman Jerome Powell’s inflation ship has come in, albeit more rudely than he probably wanted. The consumer price index rose a remarkable 4.2% at an annual rate in April, and 3% in the core measure that excludes food and energy. Mr. Powell wanted more inflation, and now he’s got it.

Read the whole story on wsj.com

Report

What do you think?

1k Points
Upvote Downvote

Leave a Reply

Your email address will not be published.

A Dangerous Pick At Justice

A Dangerous Pick at Justice

Crime And Controversy: Candidates Prepare To Face Off In Mayoral Debate

N.Y.C. Mayoral Candidates Prepare to Face Off in Debate