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Inflation at 40 Year High & Powell Still Not Confirmed - Whiskey Tango Foxtrot

West Dundee Hawkeye

HR All-American
Sep 28, 2003
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Inflation

  • Headline CPI in March rose by 8.5% from a year ago, the fastest annual gain since December 1981 and one-tenth of a percentage point above the estimate.
  • Surging food, energy and shelter costs helped account for the gain.
  • Real worker earnings fell by another 0.8% during the month as the cost of living outpaced otherwise strong pay gains.
The Dems (read: Schumer) is politicizing the Fed by holding his confirmation over his head. This will come back and bite the Dems in the Rear End in November.
 
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