3min chapter

The Reason Roundtable cover image

The Fed Won't Save Us From the Inflation Iceberg

The Reason Roundtable

CHAPTER

Introduction

Suderman: Last week we saw the release of the latest monthly data from the Consumer Price Index. That index showed inflation up 4% in the year leading up to May. Infillation was down considerably from the previous month when it rose 4.9%. Suderman: Some observers are now suggesting that the Fed has actually achieved, if not the impossible, and unlikely, a kind of immaculate disinflation.

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