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re: Inflation Watch -- Last Week of Feb-2013 Edition
Posted on 2/25/13 at 4:54 pm to Doc Fenton
Posted on 2/25/13 at 4:54 pm to Doc Fenton
quote:
Just kidding. I know inflation needs a lot of momentum to build up to those levels, and we're not anywhere near them yet--but still--we could be moving toward 3-4% annual CPI inflation along with horrible employment and growth figures going right into a further storm of future interest rate hikes, and that is legitimately scary.
Since unemployment probably will not be going anywhere anytime soon, I guess get your night light ready. I doubt we'll come close to hitting 4% annualized inflation, breakeven rates don't even have that type of inflation priced in and implied inflation is usually lower than realized.
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