January Inflation: Why Prices Are Rising Again

Today I’m addressing the January inflation report.

In fact, contrary to expectations, inflation increased last month.

Specifically, the Consumer Price Index (CPI) jumped 0.5% after increasing by only 0.1% in December. 

• Why are prices increasing again?
• Was the report positive or negative?
• What does this mean for the long-term inflation trend? 

I’m answering these questions + we have a special guest that drops by to share his thoughts.

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