There's Still a Threat That Inflation Makes Comeback

In June 2022, U.S. inflation rates reached 40-year highs. During the following two years, ‘immaculate disinflation’ saw both the Consumer Price Index and Personal Consumption Expenditures-based inflation rates fall sharply, even as economic growth remained robust and labor market stayed healthy. However, worryingly, core inflation rates have recently stopped falling, either moving sideways or ticking up.  Read Full Article »