Transitory or not, signs of inflation are roiling asset markets

Transitory or not, signs of inflation are roiling asset markets

By Liz Capo McCormick and Kriti Gupta Over and over again, Federal Reserve officials have advised that any pickup in inflation this year was bound to be transitory. Traders in financial markets, however, aren’t so sure. Even before the faster-than-forecast rise in US consumer prices reported Wednesday, investors had become fixated on widespread signs of … Read more