Producer Price Increase Doubles Expectations in January

Gold News

Producer Price Increase Doubles Expectations in January

Federal Reserve Chairman Jerome Powell “retired” the word “transitory” as it relates to inflation back on Nov. 30. Just two-and-a-half months later, we’re seeing a new word bandied about to describe inflation — persistent. Less than a week after the January CPI data came in even hotter than anticipated (again), we got yet another signal […]

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Source: https://schiffgold.com/key-gold-news/producer-prices-increase-doubles-expectations-in-january/

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