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Here comes inflation

11 Jul

Easy money is doing its thing…higher prices are here and may go higher.

“Inflation is creeping higher and will soon force the Federal Reserve to re-examine the wisdom of keeping short-term interest rates low, says economist Paul Ashworth, the winner of the Forecaster of the Month contest for June.”

Source: Inflationary pressures are already building, top forecaster says

 
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Posted in Business cycle, Central banks, Economy, Federal Reserve, Inflation, Interest rates, Money

 

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