The Supply-Led Inflation Challenge
“The Fed could end up playing checkers while the economy is playing chess—with potentially worldwide consequences. When year-over-year inflation hits 7.5%, it’s understandable that attention focuses on the sheer speed of price rises. But it’s the nature of the underlying drivers of that inflation that could make it more persistent, and more challenging—especially for central banks.” Read more from Neuberger Berman here.
(3-minute read)
Source: Neuberger Berman