“Fed Whisperer” Nick Timiraos: CPI Annualized Growth Reaches 8.2% on a Three-Month Basis

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