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DonateStraightTalk® Are US Inflation Fears Justified? Yes and No
March 2021 | StraightTalk®
Expectations of a sudden surge in consumer and producer price inflation associated with easy monetary and fiscal policy likely are overdone. Price increases anticipated with the rotation of household purchases from goods to services probably will be transitory, especially as prepandemic disinflationary pressures reassert themselves.
AUTHORS
Dana Peterson
Executive Vice President & Chief Economist
The Conference Board
Center Leader, Economy, Strategy & Finance
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