Inflation’s Path From Peak Is Next Big Question for US Economy
- Labor, housing markets hold key to the path ahead for prices
- Supply chains, commodities will help - but global risks remain
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The question that obsessed financial markets last year was when and where US inflation would peak. The 2023 version will likely be how far, and how fast, it comes down.
Economists may not see eye-to-eye on the answer — but they more or less agree about where to look for it.