One Bank's Non-Transitory Inflation Meter Just Hit A New Record High

Aug 26th 2021 11:41am EDT

One Bank’s Non-Transitory Inflation Meter Just Hit A New Record High Two months ago we reported that Bank of America had released a new proprietary indicator tracking the level of transitory inflation, which incidentally was at the highest possible reading of 100. Of course, since then it’s only gotten worse and the core PCE report […]

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