Can Inflation Be Tamed?

Can Inflation Be Tamed?
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Michael Wilkerson
Updated:
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September Consumer Price Index (CPI) inflation results came in above expectations, at 8.2 percent, marking the seventh straight month of inflation above 8 percent. Gone is any talk from U.S. Treasury or Federal Reserve officials of inflation being “transitory.”

If there was any good news in the numbers, it was that energy commodities, such as gasoline and fuel oil, showed the third straight month of price declines from June highs. However, even with this relief, gas prices remain 18.2 percent above where they were a year ago, and fuel oil is up a whopping 58.1 percent.

Michael Wilkerson
Michael Wilkerson
Author
Michael Wilkerson is a strategic adviser, investor, and author. He's the founder of Stormwall Advisors and Stormwall.com. His latest book is “Why America Matters: The Case for a New Exceptionalism” (2022).
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