Aaaand: watch how the EU finance ministers killed the rest of the Maastricht rules last week. They need to fill the fast growing fiscal gaps.

I agree.  I expect inflation to come back.  A combination of supply chain shocks and loosened monetary policy should see that graph bounce.  Energy is always hard to predict because of the entities that control oil supply.

halleck

To be honest I give inflation a good chance to roar back in the 2nd half of '24 due to energy. Looks like we are following the 70's path closely. 

![20231229_180657.jpg](https://m.stacker.news/9929)

TomK

econ

U.S. Banks Confront Unrelenting Deposit Erosion

I do agree that among us that watch financial news, there is a reduction in trust.  Bank runs and collapses are a big deal.  I think we should continue to watch with a cautious eye to see if deposits catch a trend line (something like steady inflation) and start nominal growth again sometime in '24.