Inflation soared to 8.5% last month in the United States, the biggest spike since December 1981, CNBC reports.
Neil Irwin: “Services excluding energy services up 0.6%, and has accelerated each of the last three months. Even if durable goods and energy prices stabilize, that suggests real broadening of underlying inflation.”
Ben Casselman: “Soaring gas prices were a big part of the story in March, but even excluding food and energy, prices were up 6.5% from a year earlier.”
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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.
Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.
Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.
Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.
Goddard is the owner of Goddard Media LLC.