White House Economic Adviser Says Higher Inflation Likely to Stick Around LongerUS News | The Epoch Times

White House economic adviser Jared Bernstein told Fox News in a recent interview that inflation is likely to stay elevated longer than previously expected. Bernstein told the outlet that he thinks the rate of inflation will come in at around 4 percent for 2021, before falling to 2.3 percent in 2022. He did not say when, precisely, he expects the rate will tick down next year, but noted inflation would likely stay high into the middle of next year. His expectations closely track the Fed’s most recent predictions. While Bernstein did not specify which inflation measure he was referring to, his estimates are in line with the most recent Personal Consumption Expenditure (PCE) inflation projections from the Federal Open Market Committee (FOMC), the Fed’s policy-setting body. After its most recent Sept. 21–22 meeting, the FOMC issued a revised set of economic projections (pdf) that estimate the PCE inflation rate at 4.2 …

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Coppertone Issues Nationwide Voluntary Recall of Select Sunscreens After Identifying Presence of BenzeneUS News | The Epoch Times

Fri Oct 1 , 2021
Coppertone has issued a nationwide voluntary recall of specific lots of its aerosol sunscreen spray after identifying they contain benzene, the Food and Drug Administration (FDA) announced on Sept. 30. Benzene, a chemical that appears as a colorless or light yellow liquid, causes cells not to work properly and attack the immune system. It […]

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