The Real Signal #53 - Inflation Accelerated to 7.4% Annualy

Inflation Accelerated to 7.4% Annualy

“For the second month in a row, inflation is rising again.

Fresh BLS numbers say inflation accelerated again, to a 7.4% annual rise. Driven by energy, food, and rent.

Core remained stuck above 4% — marking 2 years now for this “transitory” inflation of ours.

Between drought in Kansas, withering domestic energy, and tr…