Cutting through the noise of todays inflation report
Overall inflation ticked up to 3.4% year over year in December, which is higher than November’s inflation rate. But, if you take out food and energy prices (which are notoriously volatile), inflation actually slowed down slightly. We look at how to slice today’s inflation report. Then, wage growth has been slowing, an IRS watchdog report shows mixed grades, and the SEC approves a bitcoin ETF.