Top news
Fed officials expect three rate rises next year in hawkish pivot on inflation
By Colby Smith & Eric Platt
How Inflation Concerns May Affect Prices
By Eduardo Porter
The Federal Reserve is expected to take a very big step toward a rate hike
By Patti Domm
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Formerly TwitterMohamed A. El-Erian
elerianm
An interesting week ahead for the global #economy and #markets, including (but not limited to)…
The release of the US monthly #jobs report, Eurozone inflation and GDP, and China’s #PMI’s; and
A 2-day policy meeting at the #FederalReserve.
By the end of the week, we should…
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Mohamed A. El-Erian
elerianm
Looking forward to the #FederalReserve's policy meeting next week:
Not just the recent elevated readings of actual #inflation will make officials a little uncomfortable about the dovish December pivot.
Forward expectations have also moved up. At 3.2% for the next year,…
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Jason Furman
jasonfurman
Core PCE inflation over the last 3 months was a 4.4% annual rate. That is higher than any time from Nov 1990 to Mar 2021.
Yes, there were special factors, seasonal issues, etc. But there were also special factors & seasonal issues at various times in those previous 30 years.
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Jason Furman
jasonfurman
Core PCE inflation, annualized rates:
1 month: 3.9%
3 months: 4.4%
6 months: 3.0%
12 months: 2.8% pic.twitter.com/fnoRWNhW6W
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All coverage
Inflation: why it is the biggest test yet for central bank independence
By Anton Muscatelli
How Do You Feel About Inflation? The Answer Will Help Determine Its Longevity
By Nick Timiraos & Gwynn Guilford
Fed signals three rate hikes in the cards in 2022 as inflation fight begins
By Jonnelle Marte & Howard Schneider