There Are Signs Inflation May Have Peaked, but Can It Come Down Fast Enough?
July 23, 2022 at 14:15 PM EDT
Growing signs that price pressures are easing suggest that June’s distressingly high 9.1% increase in consumer prices will probably be the peak. But even if inflation indeed comes down, economists see a slow pace of decline. Ed Hyman, chairman of Evercore ISI, pointed to many indicators that 9.1% … Source
