Is Inflation Really Cooling? w/ Mish Schneider
Real Vision: Finance & Investing
00:00
The Fed's Core Inflation Report
Misha Glazer: I want you to take a look at this chart. This is US consumer price index. What we see here is interesting. The number that's being cited today around the cable news networks, of course, is the 3% headline number. But if you look, X food and energy also called core inflation still more than double the Fed target. He says he thinks part of the reason why oil rallied was what we're seeing in the oil market right now.
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Transcript
