The Navarro Express

← The Navarro Express13 aug · 7 min

July Inflation Blows a Hole In the Fed-Must-Remain-Tight Story

July Inflation Blows a Hole In the Fed-Must-Remain-Tight Story13 aug7 min

The pundits promised tariff inflation. July's numbers say otherwise. Cooling core prices, rising real wages, and why the Fed shouldn't mistake an oil shock for a spiral. The inflation scare is running out of gas.