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Peter's Blog

Get the latest headlines, market analysis, and original content from SchiffGold.

Posts Tagged: “omicron“

January 13, 2022 Exploring Finance

Is Omicron Hiding Much Higher Inflation?

The CPI for December was 0.5% month over month, with a non-seasonally adjusted annual rate of 7.0%. As the chart below shows, the December data reinforced a downward trend we’ve seen since a .95% reading in October. But is the recent omicron COVID spike hiding much higher inflation?