Lefty Media Scramble to Spin Away Surprisingly Tame Wholesale Price Inflation Despite Iran War

It's a game to watch Watching the media scurry all over cyberspace to explain away why their TDS-afflicted economic catastrophe forecasts aren’t panning out. Take the surprisingly tame inflation on the month, despite the ongoing Iran War. Despite a 4 percent increase on the year, the Bureau of Labor Statistics reported April 14 that the Producer Price Index of wholesale prices increased 0.5 percent month-over-month for March, which was much less than the 1.1 percentage increase forecasted by economists as conflict over the energy-critical Strait of Hormuz ensued. Core prices, which exclude volatile food and energy indicators, also came in...