“Fed Mouthpiece” Nick Timiraos: CPI increase reaches 8.2% on a three-month annualized basis

Odaily reported that “Fed Mouthpiece” Nick Timiraos noted that it should not be overlooked that the overall CPI rose by 0.47% month-over-month (an annualized increase of 5.8%), pushing the unadjusted annual CPI rate to 4.2%, a three-year high. On a three-month annualized basis, the CPI increase reached 8.2%.