One Bank's "Persistent Inflation" Meter Just Hit A Record 96 Out Of 100
Oct 25th 2021 7:30pm EDT
One Bank’s “Persistent Inflation” Meter Just Hit A Record 96 Out Of 100 Earlier this year, as Wall Street first became obsessed with distinguishing transitory vs non-transitory (i.e., permanent) inflation, Bank of America launched two trackers – a transitory and a non-transitory inflation meter. Initially, it was mostly good news: while the bank’s transitory inflation […]
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