In One Chart: Why investors shouldn’t ignore the rise of ‘sticky’ inflation
Sticky inflation, from high rents to climbing medical costs, have been on the rise in America, hitting 5.8% in July, even through food, fuel and other“ flexible” components of the consumer-price index fell from a high of 18.4% in June, according to the Wells Fargo Investment Institute. Wells Fargo Investment Institute, Federal Reserve. On the wage front, Luke…
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