Today news
About the same in other media
11.11 - 19:27
11.11 - 15:57
Health-Insurance Inflation Is Poised to Drop Sharply
Reading now: 790
Health insurance has put upward pressure on the main measure of inflation, but is now swinging into reverse. This swing will act as a much-needed, albeit small, drag on inflation currently running at four-decade highs, economists say.
“With the magnitude of each forthcoming Fed hike this year hanging heavily on the latest consumer-price index print, the swing in healthcare insurance’s steady contribution could help provide the ‘compelling evidence’ of inflation slowing on a consistent basis that the FOMC is looking for to ease up on its current pace of tightening,” Sarah House, senior economist at Wells Fargo said in an email, referring to the Federal Open Market Committee.
Read more on wsj.comAbout this in other media
Bitcoin Price Prediction – BTC Crashes Below $16,500, Can US Inflation Data Push it to $10,000 cryptonews.com /1 year ago
Inflation Report: What Costs More—and Less wsj.com /1 year ago
Midterm Election Could Make Democrats Latest Governing Party to Pay Price for Inflation wsj.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
