Inflation May Be Here To Stay. 4 Reasons Why
Inflation is generally expected to peak at some point over the next several months. Or at least in a few key developed economies.
The UK isn't one of them, but the US is. Calling the top is everywhere and always a mug's game, but efforts to identify peak inflation in the post-pandemic era will be remembered as a fool's errand among fool's errands -- a uniquely hapless escapade even as economic forecasting goes.
Some suggested the cooler-than-anticipated monthly read on average hourly earnings
H —
You titled the previous story characterizing the financial markets in terms of being a “doomsday machine.” With apologies to Crocodile Dundee, what you describe above is a real doomsday machine.
I hadn’t heard the 246 figure before. That # is shocking