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Classics Bernanke model signals USA Hot inflation summer: Graph

17:20  09 june  2021
17:20  09 june  2021 Source:   rp-online.de

ECB-Chief Volkswirt - Inflation dynamics in the euro area remains behavior

 ECB-Chief Volkswirt - Inflation dynamics in the euro area remains behavior Frankfurt (Reuters) - despite the recent increase in living expenses in the euro area, from the point of view of ECB-Chief Volkswirt Philip Lane remains rather dampened price pressure. © Reuters / Ralph Orlowski File Photo: European Central Bank (ECB) Headquarters Building Is Lakes in Frankfurt A sustainable turnaround in inflation dynamics is currently not detectable, explained Lane on Thursday in a blog entry on the website of the European Zenralbank ( ECB).

(Bloomberg) - Bloomberg Economics has dusted and used an academic model of the former US Federal Research Chief Ben Bernanke and applied to predict inflation prospects in the US. The results suggest that the increase in consumer prices will reach 4.8% in May year-on-year and will remain there until August before the inflation falls to 3.7% at the end of the year. This supports the view of a temporary inflation. However, the uncertainty of the model estimate is high and the consumer price index could also reach over 5.5% and remain at the end of the year at approximately 5%.

US-Inflationsentwicklung © Bloomberg US Inflation Development

Headline in the original:

Bernanke Model Flags Sizzling Summer for U.S. Inflation: Chart

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This is interesting!