The Fed's inflation-fighting policy is why American consumers are so down on the economy, according to Larry Summers
If we still measured inflation the way we did in 1980, today’s inflation rate would be 8%, Summers calculates.
Source: fortune.com
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Is shelter inflation data the most timely measure of housing costs?
As some CPI data lags, economists consider new rental data to better understand where housing costs are now.
Source: marketplace.org
Forecasting Inflation is a Difficult Task | Wealth Management
Current inflation levels are much closer to past peaks than the official series would suggest.
Source: wealthmanagement.com
Top Federal Reserve Officials Say They Misread Inflation and Now Plan to Correct the Course
It’s the Federal Reserve task to tame inflation that is running at a pace not seen in four decades. To do so, it has been hiking interest rates at a fast...
Source: nbclosangeles.com
The 1970s and now: Inflation, an unbalanced economy, and tough choices
In the current inflation spike, a smooth balance of supply and demand is hard to find. One silver lining: A Fed that knows lessons from the 1970s.
Source: csmonitor.com