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MNI Inflation Insight-Jan 2022: Peaking But Persistent

MNI Inflation Insight-Jan 2022: Peaking But Persistent

EXECUTIVE SUMMARY:

  • U.S. inflation readings may soon peak, but are likely to remain elevated.
  • Inflation expectations are off recent highs, suggesting the Fed is not necessarily far behind the curve - but it is almost certainly not ahead of the curve either.
  • Elevated sequential inflation keeps the Fed on track for a March rate hike and three-to-four hikes overall this year.


PLEASE USE THE FOLLOWING LINK TO ACCESS FULL PDF ANALYSIS:

USInflationInsightJan2022.pdf


US Core Goods And Services Prices % M/MSource: BLS, MNI

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