Raymond J. Keating, chief economist for the Small Business & Entrepreneurship Council (SBE Council), offered the following statement in reaction to the CPI inflation numbers released this morning by the U.S. Bureau of Labor Statistics: "Despite the continuing efforts by Fed Chairman Ben Bernanke to reassure that everything is under control regarding inflation, the CPI inflation data for August, up 0.4%, and the past year, running at 3.8%, confirm that this is simply not the case. … [Read more...] about SBE Council Economist on Latest Inflation Numbers
inflation numbers
SBE Council Economist on Latest Inflation Numbers
Raymond J. Keating, chief economist for the Small Business & Entrepreneurship Council (SBE Council), offered the following statement in reaction to the CPI inflation numbers just released by the U.S. Bureau of Labor Statistics: "According to the Bureau of Labor Statistics, CPI inflation over the past year registered only 1.5%. However, it's very much worth noting that during 2010, there was a substantive difference between the first half and second half of the year. "During the first six … [Read more...] about SBE Council Economist on Latest Inflation Numbers
