Inflation to slow in 2022, but still above Fed target: Economist – Yahoo Finance

With the Fed slated to begin its rate hike campaign next year, inflation concerns remain at the top of investors’ minds as a turbulent 2021 comes to a close. According to Gus Faucher, chief economist at PNC Financial Services Group (PNC), there are several key areas that may see reduced price pressures, leading to slowing inflation overall in the coming year.

“I do think that we’ll see a gradual slowing in inflation over the course of 2022,” Faucher told Yahoo Finance Live. “After a…


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