The Fed hiked rates by a stunning (but expected) 75bps – the biggest hike since 1994. Esther George dissented (preferring 50bps). Fed expresses that is “strongly committed” to fighting inflation…
Fed Hopes Inflation Moderates as Interest Rate Hikes Are Triggered…
Whenever we discuss inflation, it is absolutely critical for people to understand that inflation itself is the measure of the percentage increase in a price over a period of time…
Philadelphia Media Blame Grocery Store Shortages on “The Winter of Severe Illness and Death”, Omicron…
The issues will fluctuate region by region and chain by chain as we enter the destabilization phase. In this phase the impacts in some operators will be small, and in others will be more noticeable. The difference will be the overall operational excellence in the proprietary business system they operate…
Consumer Inflation Reaches 7 Percent in December, Highest Rate in Forty Years and Still Climbing…
The Bureau of Labor Statistics (BLS) released the December inflation data today [DATA HERE] for December. Readers on these pages are not surprised to discover that inflation in the U.S. economy has now reached a forty year high at 7 percent…