Good inflation reports may hide an unpleasant surprise: Progress probably stalled

Inflation reports, which showed better-than-expected slowdowns in consumer and wholesale prices last month, may be hiding an unpleasant surprise, Bank of America (BAC) economists said: Progress on the Fed’s favorite indicator has probably stalled.Read more...

Mar 13, 2025 - 17:44
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Good inflation reports may hide an unpleasant surprise: Progress probably stalled

Inflation reports, which showed better-than-expected slowdowns in consumer and wholesale prices last month, may be hiding an unpleasant surprise, Bank of America (BAC) economists said: Progress on the Fed’s favorite indicator has probably stalled.

Read more...