The Fed's use of 'transitory' to describe inflation may be 'transitory
https://www.cnn.com/2021/05/20/investing/inflation-stocks-economy-federal-reserve/index.html
For now, despite the volatility in the stock and bond markets, many Fed watchers still believe P…According to futures contracts on the Chicago Mercantile Exchange, investors are only pricing in about an 11% chance of a rate hike by the end of the year. That’s actually down slightly from what the market was expecting a month ago. Still, there is no denying how quickly the stock market and parts of the economy have rebounde…Vaccines have helped restore confidence. And as consumers go back to work and start shopping again, many of them also have government stimulus checks to spend. That may fuel temporary (we won’t say transitory) inflation fears.
For now, despite the volatility in the stock and bond markets, many Fed watchers still believe P…According to futures contracts on the Chicago Mercantile Exchange, investors are only pricing in about an 11% chance of a rate hike by the end of the year. That’s actually down slightly from what the market was expecting a month ago.
Still, there is no denying how quickly the stock market and parts of the economy have rebounde…Vaccines have helped restore confidence. And as consumers go back to work and start shopping again, many of them also have government stimulus checks to spend. That may fuel temporary (we won’t say transitory) inflation fears.
DA: 1 PA: 90 MOZ Rank: 33
