‘Stagflation is the message’ as prices spike to 30-year highs: Morning Brief

‘Stagflation is the message’ as prices spike to 30-year highs: Morning Brief

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Thursday, November 11, 2021

Forget a ‘taper tantrum’ — ‘inflation indignation’ is here

After Thursday’s bad news that consumer prices in October ran hotter — at over 6%, the hottest they’ve been since the first Bush administration, to be exact — than Wall Street expected, most of the emphasis has been on the reaction in stock markets,…


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