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US Economy Experiences Significant Inflation in Q2, Excluding Energy Sector
The US economy faced substantial inflation across consumers, businesses, and government sectors in the second quarter, even when excluding energy costs. This indicates broad-based price increases impacting various aspects of the economy.
31 Jul, 02:29 — 31 Jul, 08:28
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L1
Far Left (1)
naked-capitalism
Left
Center
Right1
Right (1)
wolf-street
Far R
Geographic diversity— 1 region4/34
US2
ℹAll sources from US region
ℹOnly 2 sources cover this story
Sources
Showing 2 of 2 sources
naked-capitalismMixed31d ago
Inflation in the Overall Economy, Hitting Consumers, Businesses, and Governments, Was Really Bad in Q2, Even Without Energy
Investors want the Fed to crack down on inflation to forestall a bond market reaction
By Yves Smith
Read full article →wolf-streetMixed31d ago
Inflation in the Overall Economy, Hitting Consumers, Businesses, and Governments, Was Really Bad in Q2, even without Energy
The Fed needs to coalesce and crack down on inflation lest the bond market figures out what’s going on in here… Oops.
By Wolf Richter
Read full article →Coverage Timeline
First report: wolf-street · 31 Jul, 02:29|Full coverage: 2 · 6h|Window: 6h
Left-leaningCenterRight-leaning
