Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: jennychase

https://www.dailymail.co.uk/news/article-10909429/The-Feds-naivete-arrogance-inflation-led-runaway-price-increases-economist-says.html

The Fed’s naivete or arrogance toward inflation led to the runaway price increases Americans now have to pay, top UK economist says; Consumer Price Index could reach 9 percent, he predicts
Mohamed El-Erian, chief economist for Allianz, said inflation could rise to 9 percent
El-rian, president of Queens College in Cambridge, blamed the war in Ukraine, ‘energy transition’ and the Fed for sky-high prices
Soaring food and energy prices drove the increase, with groceries up 11.9% and gasoline rising 48.7%


2,347 posted on 06/12/2022 5:06:02 PM PDT by jennychase ( )
[ Post Reply | Private Reply | To 2345 | View Replies ]


To: jennychase
>>>>El-rian, president of Queens College in Cambridge, blamed the war in Ukraine, ‘energy transition’ and the Fed for sky-high prices Biden is doing it intentionally.
2,361 posted on 06/12/2022 7:19:56 PM PDT by jennychase ( )
[ Post Reply | Private Reply | To 2347 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson