10 sats \ 2 replies \ @TomK OP 29 Dec 2023 \ parent \ on: U.S. Banks Confront Unrelenting Deposit Erosion econ
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.
https://m.stacker.news/9929
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10 sats \ 1 reply \ @halleck 29 Dec 2023
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.
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0 sats \ 0 replies \ @TomK OP 29 Dec 2023
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.
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