Full CoverageTop news
Fed officials expect three rate rises next year in hawkish pivot on inflation
By Colby Smith & Eric Platt
Consumer inflation rises at fastest pace in nearly 40 years — five experts weigh in
By Keris Lahiff
Economist Mohamed El-Erian Says Fed's Characterization of Inflation as 'Transitory' the 'Worst Call in History ...
By Jamie Redman
Posts on X
Formerly Twitter
Jason Furman
jasonfurman
In 2021 many stories about inflation due to idiosyncratic factors like used cars. There was some truth to that.
In 2024 many stories about idiosyncratic factors like insurance. Much less truth.
The evidence: dropping all outliers lowered inflation a lot in 2021 but not now. pic.twitter.com/PvDJbif5HP
Posted on X
Mohamed A. El-Erian
elerianm
Central banks continue to feature heavily in the weekly look ahead for the economy and markets, including:
Policy meetings in the UK, Australia, Brazil, Malaysia, Mexico, Peru, Sweden, and elsewhere; and
Lots of scheduled remarks from #FederalReserve and @ECB officials.
Also,…
Posted on X
Mohamed A. El-Erian
elerianm
Posted earlier:
As a follow-up to yesterday's #FederalReserve press conference, here are some thoughts on why Chair Powell's surprisingly dovish tone and content may end up being appropriate...though not for the reasons he put forward.
www.ft.com/content/aa8c68f7-9dad-465f-ab92-c64c38337a84
#economy…
Posted on X
All coverage
Inflation: why it is the biggest test yet for central bank independence
By Anton Muscatelli
Fed signals three rate hikes in the cards in 2022 as inflation fight begins
By Howard Schneider & Jonnelle Marte
Fed to pivot on inflation fears in the face of another uncertain year
By Lindsay Dunsmuir
How Inflation Concerns May Affect Prices
By Eduardo Porter