An Inflation Deja Vu?
Source: SeekingAlpha
2025-02-04 05:20:00 ET
Summary
- The Federal Reserve declared victory over price inflation over the summer when it began rolling back its balance sheet reduction.
- After dropping as low as 2.4 percent on an annual basis in September, the CPI has crept up for the past three months and stood at 2.9 percent in December.
- No matter how the central bankers play this, it's difficult to see an optimistic path forward.
By Mike Maharrey
Are we heading for a repeat performance of the resurrection of inflation that we saw in the mid-1970s?...
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An Inflation Deja Vu?
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