Tag: US economy

In light of the current inflationary pressures on the United States economy, achieving a "soft landing" becomes increasingly challenging. Market analyst John Kemp has highlighted a significant concern: the persistent inflation in the US services sector. This article will delve into the dynamics of services inflation and its implications for the economy. An Overview of Persistent Services Inflation Inflation can be divided into two primary categories: goods inflation and services inflation. While goods inflation often garners more attention due to its impact on consumer prices, services inflation has shown a consistent...