Relevant and even prescient commentary on news, politics and the economy.

August 14, 2024 – Prices rose less than 3% in the previous twelve months

by Heather Cox Richardson Letters from an American AB: More dialogue on the less than 3% increase in inflation. The July report for consumer prices from the Bureau of Labor Statistics, which came out today, showed that prices rose less than 3% in the previous twelve months. Core inflation has fallen to its lowest rate […]