1 Nov 2021 Higher Inflation and Faster Wages Signal Tough Time for "Transitory"

Ian Shepherdson (Chief Economist and Founder)29th Oct 2021 15:55U.S., Daily Monitor

The Fed faces serious challenges to the "transitory" story over the next few months...
...On top of surging wages, the core CPI is set to surge, and economic growth is likely to rebound.
With the Fed set to taper, just as issuance rebounds after the debt ceiling is fixed, expect yields to jump.

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