Editorial, includes “… The Fed surely won’t make that mistake again, and its battalion of economists, who have a better track record of forecasting inflation than anyone else, predict the overall rate of price increases will be back under 2% next year. … Meantime, beware of politicians using inflation as an excuse to advance their agendas. America should not base long-term policy on what could be a transitory economic phenomenon.”
Read the full article on: The Chicago Tribune