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What to Look for in the February CPI

Article

What to Look for in the February CPI

The monthly Consumer Price Index (CPI) is scheduled for release by the Bureau of Labor Statistics on Tuesday, March 14th at 8:30 AM Eastern Time.

By Dean Baker

Statement on Importance of Federal Oversight of Inflation Reduction Act’s Labor, Equity, and Environmental Goals

Article

Statement on Importance of Federal Oversight of Inflation Reduction Act’s Labor, Equity, and Environmental Goals

When major public investments like these are not properly supervised, inequity, waste and corruption is an inevitable result, and the diverse working class loses out. Rigorous oversight of the IRA’s implementation needs to be a top priority for Biden.

Photo of the front of the US Congress builkding
The Fed’s 2.0 Percent Inflation Target

Article Dean Baker’s Beat the Press

The Fed’s 2.0 Percent Inflation Target

Inflation can move unpredictably, as we have seen, and a 2.5 percent inflation rate means there is little room for a rise without the Fed having to be worried, but there seems little harm in waiting.

By Dean Baker