What a joke. The same outlet that tried to paint America’s inflation situation before the 2024 election as Yankee Doodle Dandy! is doing the backstroke now that Donald Trump is president.
That’s some convenient timing.
Axios chief economic correspondent Neil Irwin released a damning story Thursday headlined, “Inflation warning signs mount.”
Irwin wrote that “Bond markets are betting that inflation will stay elevated in the years ahead, and some evidence from business surveys and forecasters points in the same direction.” What this meant, argued Irwin, was that “the Trump administration and the Federal Reserve face a headwind in securing a return to low inflation — concerns that have escalated just in the last few weeks, as the president has threatened tariffs on a variety of U.S. trading partners.”
“Securing a return to low inflation?”…
