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Could high inflation be the new normal?

Could high inflation be the new normal?
Key Points

Could high inflation be the new normal?Inflation is at a three-year high. That's a problem for the Fed. Yet, under the leadership of new chair Kevin Warsh, it opted not to hike interest rates.

Could high inflation be the new normal?Inflation is at a three-year high. That's a problem for the Fed. Yet, under the leadership of new chair Kevin Warsh, it opted not to hike interest rates. So, who are inflation's winners and losers? Inflation is at a three-year high. That's a problem for the Fed. Yet, under the leadership of new chair Kevin Warsh, it opted not to hike interest rates. So, who are inflation's winners and losers?
Fed (ORG) Kevin Warsh (PERSON)
Originally published by NPR Business Read original →