Social Navigation

Inflation winds keep blowing strong


US client costs have been resurgent final month, dashing hopes of a nascent slowdown and sure assuring one other traditionally massive interest-rate hike from the Fed. In opposition to a backdrop of sturdy labor market circumstances that’s pushed up wages, odds favor the central financial institution turning into that rather more aggressive to take extra wind out of the financial system’s sails with the purpose of bringing inflation down.

Categorized in:

Tagged in:

Share Article:

Joanna Swanson

Joanna Swanson is Europe correspondent at the Thomson Reuters Foundation based in Brussels covering politics, culture, business, climate change, society, economies and inclusive tech. With specific focus in breaking news, she has covered some of the world's most significant stories.

Leave a Reply

Your email address will not be published. Required fields are marked *