Kevin Warsh's Fed Faces Split Verdict on Inflation Data: Sahm Notes 'Good News,' Schiff Says Calls Out 'Misleading' CPI Rise
The July CPI report meant different things to economists on Wednesday, fueling debate over disinflation, Fed policy and trust in the data.
When new prices-data came out, smart people disagreed about whether it was actually good or bad news. This shows that even experts don't always see the same thing when looking at market signals, so it's worth thinking carefully before trusting any one person's take.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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