Former Kansas City Fed Honcho Seyz Inflation Not Going Away Any Time Soon

There are many smart people amongst the readership of this blog who understand that financial news impacts this community far more than culture war slap fighting.

Here's a sign of persistent economic hardship . . .

"Former Kansas City Fed President Thomas Hoenig explained the central bank is in a 'difficult position' in terms of trying to tackle rampant inflation."

Read more via news link . . .

Inflation 'more than transitory' ahead of expensive Thanksgiving: Former Kansas City Fed president

Former Kansas City Federal Reserve President Thomas Hoenig warned inflation is "more than transitory" as Americans grapple with sky high grocery and energy costs ahead of Thanksgiving. Hoenig appeared on "Mornings with Maria" on Tuesday to discuss how the Federal Reserve faces challenges in tackling short-term and long-term high consumer prices.