Quartz
Inflation reports, which showed better-than-expected slowdowns in consumer and wholesale prices last month, may be hiding an unpleasant surprise, Bank of America (BAC) economists said: Progress on the Fed’s favorite indicator has probably stalled.Read more…
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Good inflation reports may hide an unpleasant surprise: Progress probably stalled
Inflation reports, which showed better-than-expected slowdowns in consumer and wholesale prices last month, may be hiding an unpleasant surprise, Bank of America (BAC) economists said: Progress on the Fed’s favorite indicator has probably stalled.Read more…