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The Supercore Threat: The Trillion-Dollar Fiscal Trap Breaking the Fed
Everyone celebrated the latest CPI report—but they missed the bigger story.June inflation appeared to cool, but underneath the headline numbers, the structural forces keeping prices elevated remain alive and well. Massive government borrowing, trillion-dollar deficits, sticky services inflation, and fiscal dominance are creating an environment where the Federal Reserve may no longer have the tools to fully control inflation.In today's Wall Street Truth Bomb, Mark Malek explains why Washington—not the Fed—may now be driving inflation, why interest rate hikes are becoming less effective, and…
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