Viewpoints
Opinion

Inflation Won’t Go Away Soon

Inflation Won’t Go Away Soon
People shop in a supermarket as inflation affected consumer prices in Manhattan, New York City, on June 10, 2022. Andrew Kelly/Reuters
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Commentary
The latest inflation news looks remarkably good, at least on the surface. The Labor Department reported that, overall, the consumer price index (CPI) for July showed no inflation.
Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."
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