3 ms·
For some definition of transitory, all inflation is transitory. That's a pretty useless definition. 2 full quarters of inflation well beyond target levels (wit
by dahfizz 5y ago
For 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...