Mises Daily
Author:
Douglas French
Online Publish Date:
The U.S. Department of Labor’s Bureau of Labor Statistics (BLS) recently announced that the Consumer Price Index (CPI) rose 0.5 percent in January, its biggest increase in nearly a year. The CPI core rate, which excludes energy and food prices — like any of us can go without gasoline or food — rose 0.2 percent. Both increases surprised analysts,