The deeper anxieties of inflation hawks ...Qatar

ٌRayaٌ news - News

In a recent commentary for The Washington Post, former US Secretary of the Treasury Lawrence H Summers stated that “the consumer price index rose at a 7.5% annual rate” in the first quarter of 2021. I could not reproduce this number from the Bureau of Labour Statistics CPI-U website, which reports a year-on-year increase (April 2020-April 2021) of 4.2%, driven largely by a sharp 49.6% rebound in gasoline prices from their pandemic crash. When food and energy prices are excluded, the inflation rate over the past year comes to just 3%. Odder still is Summers’s rationale for projecting future inflation risks: “Inflationary pressures are mounting from the boost in demand created by the $2 trill

Hence then, the article about the deeper anxieties of inflation hawks was published today ( Monday 07/06/2021 - 01:31 AM ) and is available on ٌRayaٌ news ( Qatar ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( The deeper anxieties of inflation hawks )

Last updated : 07 June 2021 clock 01:31 AM

Also on site :

The deeper anxieties of inflation hawks ...Qatar

Speeding car crushes 5-year-old to death in Pune; CCTV video emerges

Amazon's $100 Solar Power Bank Is an 'Excellent Investment' for Winter Storm Prep

EgyptAir increases UK flight frequency to 31 weekly services amid tourism surge

Slate Mini Crossword for Jan. 23, 2026

How to Watch Australian Open Third Round: Live Stream Men’s & Women’s Singles Tennis, TV Channel

Valentino funeral: Hollywood and the fashion industry come out to say goodbye to the ‘The Last Emperor’ of fashion

Harry Styles’ Fans Are Turned on, Tuned up And Blissing Out to ‘Aperture’

At least 2 sailors dead after cargo ship sinks in disputed South China Sea

Asking Eric: These old men are annoying but I can’t afford to alienate them

Health insurance enrollment declines in Colorado, but not as much as feared

What to Know About Myanmar’s ‘So-Called Election’

A third of private weight loss jab patients in West Midlands pushed into debt, figures show

‘Draft dodger Trump’ accused of double standards over slur against British troops

Belly fat can be good for you, study reveals

Man wanted over Australia’s fatal triple shooting was out on bail at time of attack, police say