The world’s major central bankers squirmed last week while lamenting the now seemingly doubtful concept that the current round of inflation is “transitory.” United States Federal Reserve chair Jay ...
Federal Reserve Bank of San Francisco President Mary Daly said Tuesday that the inflation “pop” was expected, noting that the biggest jumps are in goods and services driven by a surge in post-pandemic ...
Stocks began to rally yesterday after numbers from December's Producer Price Index (PPI) report rose less than expected, suggesting that inflation is still trending downward. The big spotlight was on ...