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Isn’t some of this just a reversal of stuff like oil being negative, and supply chain shocks due to factories shutting down for Covid? Some of it is certainly t
by jquery 5y ago
Isn’t some of this just a reversal of stuff like oil being negative, and supply chain shocks due to factories shutting down for Covid? Some of it is certainly transitory.
- dahfizz 5y agoFor some definition of transitory, all inflation is transitory. That's a pretty useless definition. 2 full quarters of inflation well beyond target levels (with an accelerating trend) goes beyond a transitory event, in my opinion.
- djur 5y agoThe trend for month-over-month inflation is slowing, not accelerating: https://tradingeconomics.com/united-states/inflation-rate-mom https://tradingeconomics.com/united-states/inflation-rate-mo...