Is Stagflation Happening Now?
May 11, 2022 at 12:17 PM EDT
The consumer price index for April came in at 8.3%, and while it is slightly lower than March’s 8.5%, it was still higher than expected. More telling was the core CPI reporting, a measurement of inflation minus energy and food, which came in at 6.2%. That figure is above expectations and a big...
