People Are Angry to the ‘Anti-Core’ Over Inflation: John Authers

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Today’s Points

• For the Fed, it’s services and shelter inflation that matter in the CPI;

• For politicians, it’s all about the “anti-core” of food and fuel — and the damage to Biden may be irreversible.

• Small businesses are their most negative since Obama was reelected. Why?

• Japan might want to intervene to prop up the yen — but diplomatic niceties and a stock market boom stand in the way.

• AND try watching Shaun of the Dead, 20 years old today.

Some Excel-Powered Political Punditry

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