Prices Rise at Fastest Pace Since 2008 – Is

2021-07-13T18:24:30+00:00

Despite the scary-looking headlines, there is much in the latest CPI report to suggest that recent price increases are only temporary. Reopening sensitive prices such as used cars, lodging, airfare, rental cars, and food away from home accounted for roughly 55% of the month-over-month increase in prices. Yields on government bonds brushed off the data, [...]

Prices Rise at Fastest Pace Since 2008 – Is2021-07-13T18:24:30+00:00
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