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U.S. Inflation Quickens to 40-Year High in May
Price pressures are becoming entrenched in the economy, which will likely push the Federal Reserve to raise interest rates even more aggressively.
Economic Indicators Have Gotten Hard to Decipher
Economists don’t tend to look at any given indicator in a vacuum. Instead, they consider a wide variety of data when making projections about the health of the economy.
Huge Inventories May Indicate an Upcoming Ebb in Inflation
“I’ve never seen inventory surges like this in my career, and I’ve been around for a long time,” said Cathie Wood, the head of Ark Investment Management.
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