Inflation Optimists Should Prepare to Be Disappointed
by Bloomberg
Bloomberg— The Fed's preferred gauge of price changes confirmed that we're at the bumpy end of the road back to 2%.
MSNBC—Trump is beating Biden on inflation — but has no clue how inflation works. Former President Donald Trump loves tariffs. He absolutely goes nuts for them and has made an even sharper turn back to protectionist policies a major part of his campaign. He also has no idea how tariffs work or what function they perform and doesn’t understand how his proposed policies would pile higher costs on American consumers already frustrated with rising inflation. That’s why it’s confounding that voters somehow trust Trump to bring down prices. Trump’s latest love letter to tariffs...
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The Atlantic—Florida is preparing for midnight. A new abortion ban has providers there scrambling—and clinics in other states preparing for a crush of new patients.