Attention Economy


Thursday, February 10, 2022

Inflation Spike

Prices climbed 7.5% in January compared with last year, continuing inflation’s fastest pace in 40 years
https://www.washingtonpost.com/business/2022/02/10/cpi-inflation-january/ 
Rapid Inflation Stokes Unease from Wall Street to Washington
https://www.nytimes.com/2022/02/10/business/economy/inflation-cpi-january-2022.html
U.S. Cities with High Inflation: Tampa at 9.6%, Denver Nears 8%

Fed’s Bullard Backs Supersized Hike, Seeks Full Point by July 1
https://www.bloomberg.com/news/articles/2022-02-10/fed-s-bullard-backs-supersized-hike-seeks-full-point-by-july-1
Surging Inflation Puts the Fed in an Impossible Situation
https://www.bloomberg.com/opinion/articles/2022-02-10/cpi-report-surging-inflation-backs-the-federal-reserve-into-a-corner
The central bank may have no choice but to raise rates sharply and risk pushing the economy into a recession.

TOLD YOU SO:
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