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Can the Fed Control Inflation With Just Rate Hikes?

There is not much good news in the latest report on the Consumer Price Index. Supply chain items, like new vehicles and furniture, still report rising prices. Rents continue to rise rapidly. There is some turn around with used cars, appliances, and app…

There is not much good news in the latest report on the Consumer Price Index. Supply chain items, like new vehicles and furniture, still report rising prices. Rents continue to rise rapidly. There is some turn around with used cars, appliances, and apparel, but not enough to offset the bad news elsewhere. Reports from retailers More

The post Can the Fed Control Inflation With Just Rate Hikes? appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Dean Baker.


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