Powell’s Price Hike

We got the CPI data for March this week. As expected, prices spiked significantly again last month.

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Photo by Etienne Martin on Unsplash

We got the CPI data for March this week. As expected, prices spiked significantly again last month. A lot of people in the mainstream are calling it “Putin’s price hike.” Friday Gold Wrap host Mike Maharrey says it would be more appropriate to call it Powell’s price hike. In this episode of the podcast, he digs into the CPI data and explains why the blame for high prices is largely misplaced and inflation probably hasn’t peaked.

Video Length: 00:18:06

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