Skip to content
Subscriber Only
Business
Economics

This Year Looks Different for Inflation as Wall St. Braces

  • Companies, states raise minimum hourly wages, oil prices gain
  • Some Fed officials concerned by risks of overheating economy
Video player cover image
Steven Ricchiuto of Mizuho Securities discusses the latest inflation figures and what they mean for the Fed.(Source: Bloomberg)
Updated on

Laid low for most of the past decade, U.S. inflation is showing signs that it might begin to stage a comeback in 2018.

Among the forces coalescing to propel prices higher: the strongest domestic and international economies since the start of the decade, the lowest unemployment rate in 17 years, oil’s return above $70 a barrel, a softening dollar and still-easy monetary policy.