Business
Why record inflation is good for Wall Street – The Australian Financial Review
The fastest rise in US consumer prices since 2008 will not convince the Federal Reserve to change its view the inflationary surge…
Now wagers on brewing price pressures look set to remain on the back-foot. In the lead-up to the data, market-derived expectations of price growth were trending down, with gauges of two-, five- and 10-year breakevens all heading lower after peaking in mid-May.
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