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By John Authers, In 2021, inflation returned. After a year-long debate, nobody can any longer deny this. Next year, we will discover whether it’s here to stay and how much bitter economic medicine will be required to quell it. On this vital issue, opinion is as divided as ever. Optimists still maintain that even if inflation has turned out to be more than a transitory blip, it
(Bloomberg Opinion) -- In 2021, inflation returned. After a year-long debate, nobody can any longer deny this. Next year, we will discover whether it’s here to stay and how much bitter economic medicine will be required to quell it. On this vital issue, opinion is as divided as ever.
The Federal Reserve is to speed up the pace at which it is winding down QE, its money-printing programme. But instead of going into shock, stockmarkets rose. John Stepek explains what's going on.
According to Mike McGlone, deflation could swap inflation next year and that would drive bitcoin's price to $100K.
By John Authers, If 2020 was the year we all learned about epidemiology, 2021 has taught us more than we ever wanted to know about inflation. Price rises had remained calm and controlled for four decades, ever since the US Federal Reserve under Paul Volcker hiked interest rates aggressively in the early 1980s. Barely anyone working today has any practical memory of inflation