Hiding from the future in the past
Core inflation over 5% is not a victory over inflation. Even after falling for ten months in a row, the headline number is still almost 5%. The ‘sticky’ inflation number is 6.5% year-over-year.
Wednesday, May 10th, 2023
Laramie, Wyoming
Here’s your periodic reminder that core inflation over 5% is not a victory over inflation. Even after falling for ten months in a row, the headline number is …