Business Maverick: ‘Team Transitory’ Gets a U.S. Inflation Win — But Not a Blowout

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 84%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

After months of supercharged U.S. inflation readings, August data offered some comfort for “team transitory” –- those at the Federal Reserve and elsewhere who say price spikes caused by the economy’s reopening will soon abate.

Still, the numbers won’t settle the great inflation debate. Plenty of economists point to persistent supply-chain problems and rising wages as reasons why inflation might stay higher-for-longer in the months ahead.

U.S. government bonds gained on expectations the August numbers will ease pressure on the Fed to start tightening monetary policy. Yields on 10-year Treasuries dropped about 5 basis points to 1.28%. Snarled supply chains and shortages of materials -– two key drivers of pandemic inflation –- helped push prices for household furnishings up a record 1.2% last month.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Words alone won’t express how thankful I’m recommending you all to Kristine Thomas _ .....,investing with you has been a good opportunity for me and my family I just received my profit within five days of investment. Thanks so much Kristine_Thoms

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

MARKET WRAP: Waning US inflation lashes randRand weakens most in more than three weeks as US CPI data suggests tapering may be some months off yet Poor Rand 😒. Sooo sensitive.
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

JONATHAN COOK: Why sharing might not always be caring in a small businessIncentivising an employee with shares can bring problems including tax complications
La source: BDliveSA - 🏆 12. / 63 Lire la suite »