The surge in oil prices is causing a wave of "supply-side" inflation that the Federal Reserve may be unable to counter with its main inflation-fighting tool. The Fed usually raises its fed funds rate ...
Underlying inflation pressures remain a shadow for the Fed – RBC Capital Markets’ Frances Donald
While June's flat core CPI reading offers temporary relief, underlying inflation pressures remain a significant concern, said Frances Donald, chief economist at RBC Capital Markets. In a Bloomberg ...
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