Consumers saw inflation pick up slightly in November as price increases in categories including groceries, gasoline and new cars outweighed a deceleration in others such as shelter during the month.
The Berenberg economics team led by Holger Schmieding produced this striking chart, showing how interest-rate expectations are heading in the opposite direction of inflation expectations. "Investors ...
After decades of quiescence, inflation surged in 2021 and 2022. The annualized Consumer Price Index increased from about 1.5% to over 9%. The CPI has cooled off since, but prices today are 21% higher ...
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