One swallow does not make a summer, and one month of normal job growth, and rising prices in the United States does not mean that the Federal Reserve no longer fears economic malaise and deflation. But the time will come when world interest rates begin to rise, as central bankers prepare to resist the upward creep of inflation.
One swallow does not make a summer, and one month of normal job growth, and rising prices in the United States does not mean that the Federal Reserve no longer fears economic malaise and deflation. But the time will come when world interest rates begin to rise, as central bankers prepare to resist the upward creep of inflation.