Jeffrey Gundlach criticizes the Fed for its short-term focus, suggesting it misses the bigger picture in managing inflation. Gundlach Compares Fed’s Approach to Mr. Magoo, Critiques Short-Term Focus New York: So, Jeffrey Gundlach, the CEO of DoubleLine Capital, recently shared his thoughts on the Federal Reserve. He thinks they’re kind of like Mr. Magoo, just…
December 2024 saw inflation rise due to higher food and energy prices, but experts predict a downward trend in 2025. Inflation Breakdown for December 2024: A Simple Chart Overview Lawndale: So, inflation took a little bump in December 2024. The consumer price index, or CPI, went up by 2.9% compared to last year. That’s a…
Inflation continued to rise in December, with the consumer price index increasing by 2.9%, meeting expectations and impacting interest rate decisions. December Inflation: CPI Rises 2.9% as Anticipated, Marking Third Month of Growth New York: Inflation has been on the rise for three months now. In December, the consumer price index jumped 2.9% year-over-year, just…
