- Defense Secretary Lloyd Austin on Wednesday announced increased payments to help personnel cope with surging house rental prices
- ‘This is a readiness issue,’ he said after dire warnings of increasing inflation
- Last week, the Department of Labor said prices had risen 6.2 percent in past year
- The issue has emerged as a test for the Biden administration as it plans trillions of dollars in new spending
Fed Inflation Benchmarks Flashing Hot…
Federal Reserve Chairman Jerome Powell’s inflation dashboard is starting to show some signs of overheating.
From spreading price increases to rising wages, it’s signaling more caution on the inflation front than when Powell unveiled the benchmarks less than three months ago.
In a speech to the Fed’s annual Jackson Hole conference, held virtually in late August, Powell sketched out five ways of assessing the outlook for inflation and argued that each of them suggested there was no cause for alarm.
Trending:
- We Just Witnessed An Economic Sign That Hasn’t Happened Since The Peak Of The Great Depression In 1932
- Every Time Something Strange Occurs, They Want Us To Believe That It Is “Just A Coincidence”
- There Is Far More Going On Behind The Scenes Than Most People Ever Imagined…
- RUSSIA releases message for American Soldiers
- UKRAINE IS ABOUT TO GET REKT
- Fleet Of B-52s Recorded Flying Over Long Island Out To The Atlantic Ocean Toward Europe..Something’s Up…
- New strikes on Iranian targets near Syria\Iraq border (Day 3)
- The FDA Is Literally Demonic
- US Consumers Have Lost $4 Trillion In Real Disposable Income Under Biden
- Doctors Will Report Those Who Refuse The Injections
Views: 4