Summers: Inflation Reached 18% In 2022 Using The Government ’s Previous Formula

Numerous commentators—especially those defending President Biden’s economic record—have puzzled over why Americans are sour about the state of the U.S. economy. Unemployment rates have returned to pre-pandemic lows, commentators correctly point out, and the official rate of inflation is declining.…#harvard #treasury #larrysummers #bls #marijnbolhuis #juddcramer #karlschulz #robertgillingham #bolhuisetal #federalreserves
Source: Reuters: Health - Category: Consumer Health News Source Type: news