Centro de Documentacion de Fundación MAPFRE - "Sticky" inflation drivers to force the Fed's hand

Publication: Adliswil, Swiss : Swiss Re Institute, 2022Physical description: 2 pSeries: (Economic insights ; Issue 27/2022)Notes: Sumario: US inflation stickiness will carry on well into 2023 and pressure profitability in non-life insurance. While goods inflation is decelerating, services inflation pressures persist. Moreover, many of the current inflation drivers are insensitive to high interest rates. As a result, we see the Fed inducing a recession to avoid a more corrosive de-anchoring of inflation expectations.Materia / lugar / evento: Mercados financieros Inflación Mercado de seguros Crecimiento económico Secondary series: Economic Insights Other categories: 92