Some traders remain worried that the combination of persistent inflation and sluggish growth could pinch the economy if the Federal Reserve doesn’t raise rates quickly enough
Some investors think the Federal Reserve will be forced to swiftly raise rates next year to rein in inflation and keep the economy stable
The U.S. inflation rate reached a 13-year high recently, triggering a debate about whether the country is entering an inflationary period similar to the 1970s. WSJ’s Jon Hilsenrath looks at what consumers can expect next.
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