Inflation and the Supply curve
Inflation and the Supply curve A few thoughts on the markets : Negatives : A) Waited to comment on the April inflation numbers. Higher at 8.3 pct for the CPI than the forecasts at 8.1 pct. Core inflation also 0.2 pct higher. Inflation appears persistent and markets are disappointed. B)Markets fear that persistent inflation will probably necessitate more interest rate […]