Top of Mind

Inflation: Here Today, Gone Tomorrow?

Published on23 NOV 2021

Sharp upside inflation surprises that have pushed US inflation to 30+-year highs have fueled concerns that “temporary” pandemic-related inflationary pressures could prove persistent, raising the risk of a damaging wage-price spiral that could force the Fed into a costly tightening cycle. Where inflation goes from here—and what that means for the economy, monetary policy, interest rates and assets—is Top of Mind. 

Goldman Sachs Research

Inflation: Here Today, Gone Tomorrow?

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