Heterodox
by Dean Baker Center for Economic and Policy Research The inflation hawks took March’s CPI as cause for celebration, inflation may not be dead yet. There is no doubt that it was a disappointing report for those hoping we could put the pandemic inflation behind us. However, there still is not much basis for thinking the Fed needs to get out the nukes and start shooting big-time. The key point to remember is this inflation continues to be...
Read More »March CPI: Should We Be Worried?
