On Thursday, Fed Chair Jerome Powell begins what may be the tougher task: convincing the public that the central bank can and will deliver in the wake of a pandemic
The fixed-income securities of the three countries appear the most vulnerable to any surge in consumer prices, according to a Bloomberg study of 10 emerging markets
As manufacturing in China recovers, so will the demand for raw materials
While households benefit from contained inflation and will find comfort in lower fuel costs, the Fed tends to be wary of subdued longer-term price expectations taking hold
Sensex has gained in six of past seven weeks
Inflation is also likely to get a boost from a tightening labor market
Janet Yellen believes that as the labor market tightens, inflation will rise back toward 2%, Evans still remains unsure
Labour-force participation remains depressed relative to its pre-crisis norm
Some of the recent pullback in inflation also stemmed from lower energy price
Surge in inflation raises the possibility of an interest rate increase from Fed Reserve this month