News Analysis The “menace of inflation” is back. Those who lived through the disastrous inflationary 1970s don’t want to relive them, yet that’s what some now fear. They worry the combination of Federal Reserve Bank’s “cheap money,” low interest rates, combined with unprecedented government spending will trigger 1970s inflation. “The Great Inflation was one of…
Inflation Tests Central Banks’ Resolve, Credibility
Central banks are under pressure to fight mounting inflation that’s looking less transitory than what they initially suggested.
US News
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