Will Inflation Fall? Any Pullback Depends on These Sectors

Posted on AllSides March 7th, 2022
From The Center

To figure out where inflation is headed, don’t look at the overall economy, look under the hood.

Inflation surged from 2.5% in January 2021 to 7.5% in January 2022 and could edge even higher as the impact of Russia’s invasion of Ukraine is felt on oil prices. But economists expect inflation to fall to between 2.7% and the upper-4% range by December.

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