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US federal reserve says inflation temporary, but markets unsure

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.

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Investors have become fixated on widespread signs of price pressures as commodities and the bond market’s expectation for inflation over the next decade climbs to an eight-year high.

Liz Capo McCormick and Kriti Gupta | Bloomberg

5 min read Last Updated : May 12 2021 | 8:48 AM IST

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.

Investors have become fixated on widespread signs of price pressures as commodities like

Topics : Inflation Rise in inflation Market corporate earnings

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