Mohamed El-erian: Inflation Isn’t Going Down. Inflation Is Hot, Hot At The Core Level… Powell Says Fed Faces ‘Difficult Trade-Off’ if Inflation Doesn’t Moderate

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Powell Says Fed Faces ‘Difficult Trade-Off’ if Inflation Doesn’t Moderate: WSJ

The U.S. inflation rate reached a 13-year high recently, triggering a debate about whether the country is entering an inflationary period similar to the 1970s. WSJ’s Jon Hilsenrath looks at what consumers can expect next.

US Manufacturing Surveys Show Growth Mixed, Selling-Prices At Record High

With both ‘hard’ and ‘soft’ data showing notable weakness recently (more the surveys catching down to hard data’s reality), analysts expected the latest Manufacturing survey data (for September) to show slowing growth.

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