With The Fed In Denial, Hawkish Bank Of Russia Sees Inflation "Not Transitory", Warns Of Possible Shock-And-Awe Rate-Hike
Jun 29th 2021 8:05pm EDT
With The Fed In Denial, Hawkish Bank Of Russia Sees Inflation “Not Transitory”, Warns Of Possible Shock-And-Awe Rate-Hike Authored by Wolf Richter via WolfStreet.com, US Inflation is almost as hot as in Russia, but the Fed is still blowing it off… Consumer price inflation in Russia is red-hot, having jumped 6.0% in May compared to […]
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