Inflation Outlook: Expect High Prices for Longer, Deutsche Bank Says
Inflation won't come down to the consensus target in the near-term, according to Deutsche Bank, and inflation at 3% in two years is unlikely.
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Inflation won't come down to the consensus target in the near-term, according to Deutsche Bank, and inflation at 3% in two years is unlikely.
"House price declines will likely be larger in the most unaffordable cities on the West Coast," said Comerica chief economist Bill Adams.
At the Waha hub in the Permian Basin, gas for next-day delivery sank to negative $2 per million British thermal units Tuesday, traders told Bloomberg.
A fleet of ships amassed under shady circumstances will likely be used to help keep Russian oil flowing once EU sanctions take hold in December, Bloomberg reported.
Earnings could be a stock market catalyst this week, as investors await quarterly reports from tech giants like Alphabet, Apple, Meta and Microsoft.