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Economist Mohamed El-Erian Says Fed’s Characterization of Inflation as ‘Transitory’ the ‘Worst Call in History’

Post author:MiamiCrypto
Post published:December 13, 2021
Post category:1982 Allianz American Public Bureau of Labor Statistics Carol Roth cars Consumer Price Index CPI Economics Economy El-Erian Energy Fed Federal Reserve food Housing inflation Inflation rising inflation transitory jerome powell Liquidity Mohamed El-Erian persistent inflation Political Class Purchasing Power Sven Henrich transitory US Inflation

On Monday, December 13, following Friday’s U.S. consumer price index report published by the Bureau of Labor Statistics, Americans are discussing the Federal Reserve. Thousands of tweets concerning the Federal…

Inflation Plagues American Economy: US Consumer Prices See Fastest Rise in Close to 40 Years

Post author:MiamiCrypto
Post published:December 11, 2021
Post category:1982 Ben Bernanke Bureau of Labor Statistics cars Consumer Price Index CPI Diane Swonk Economics Economy Energy Fed Federal Reserve food Grant Thornton Economist Holger Zschäpitz Housing inflation Inflation rising jerome powell Liquidity persistent inflation Peter Schiff Political Class Purchasing Power Ronald Reagan Sven Henrich US Inflation

The consumer price index (CPI) data released Friday by the U.S. Bureau of Labor Statistics show prices in the United States climbed 6.8% in November compared to 12 months ago.…