| Getty Images Key Takeaways Transitory inflation tends to be short-lived and circumstantial, while entrenched inflation tends to stick around even after the immediate problems that spurred it on have...
Tag: Entrenched
Goldman CEO David Solomon says inflation is ‘deeply entrenched’ in the global economy
Goldman Sachs CEO David Michael Solomon attends a discussion on “Women Entrepreneurs Through Finance and Markets” at the World Bank on October 18, 2019 in Washington, DC. Olivier Douliery ...
Federal Reserve Prepares More Big Rate Hikes Amid Risk That High Inflation Could ‘Become Entrenched’
Topline Federal Reserve officials reaffirmed their commitment to fighting inflation with big rate hikes and pledged to use “more restrictive policy” as needed, especially amid “significant risk” that ...