Business Highlights: Inflation Questions, Short Sellers

Inflation is starting to look like that unexpected and unwanted houseguest who just wont leave. For months, many economists had sounded a reassuring message that a spike in consumer prices, something that had been missing in action in the U.S. for a generation, wouldnt stay long. It would prove transitory, in the soothing words of Federal Reserve Chair Jerome Powell and White House officials, as the economy shifted from virusrelated chaos to something closer to normalcy. Yet as any American who has bought a carton of milk, a gallon of gas or a used car could tell you, inflation has settled in.

from Top Business News- News18.com https://ift.tt/3CcX7BT