A flood of additional signals of entrenched (and decidedly non-transitory) inflation hit the wire this week, including oil prices making new YTD highs (and getting closer to levels not seen since the US aggressively drained its Strategic Petroleum Reserve last year), record-low housing affordability, and growing upward pressure on wages for domestic auto manufacturers.
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A flood of additional signals of entrenched (and decidedly non-transitory) inflation hit the wire this week, including oil prices making new YTD highs (and getting closer to levels not seen since the US aggressively drained its Strategic Petroleum Reserve last year), record-low housing affordability, and growing upward pressure on wages for domestic auto manufacturers.