Inflation threatens to turn 2022 into ‘annus horribilis’ for Powell, Biden: Morning Brief

Inflation threatens to turn 2022 into ‘annus horribilis’ for Powell, Biden: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe

Thursday, January 13, 2021

Surging prices are now both an economic and political risk

“Annus horribilis,” a Latin term that means “horrible year” is a term once famously deployed by the Queen of England to describe 1992, a tumultuous year upon which she declared she would not regard fondly.

Given current trends, the same label may yet apply…


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