700 WLW On-DemandAffordability and inflation, Kevin takes a look at increasing costs that are not being discussed, the hidden portion of the inflation puzzle; on Monday, the Commerce Department reported November durable goods and core durable goods orders; on Tuesday, the U.S. Conference Board's January Consumer Confidence Index was released; the Federal Reserve announced their interest rate decision; Federal Reserve Chairman, Jerome Powell held a press conference, after the interest rate decision was released, to give his assessment of the economy; Kevin has the details, digs into the data, puts the information into historical perspective and offers his insights and opinions.
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