Inflation Is So Back

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CEI’s Ryan Young is cited on Reason about rising inflation:

“If the Federal Reserve was thinking of cutting interest rates at its next meeting later this month, it probably isn’t now,” said Ryan Young, an economist with the Competitive Enterprise Institute, in a statement to Reason. “Just as the last mile is the costliest part of shipping, the last percentage point is proving to be the hardest part of fighting inflation.”

Read the full article on Reason.