There are signs that inflation may have peaked, but can it come down fast enough?
Growing signs that price pressures are easing suggest the distressing 9.1% rise in consumer prices is likely to peak. But even if inflation falls, economists see a slow pace of decline. Ed Hyman, president of Evercore ISI, pointed to many indicators that 9.1% may have been the peak. Gasoline prices have fallen about 10% from …
There are signs that inflation may have peaked, but can it come down fast enough? Read More »