- Apr 28, 2015
- Reaction score
- Third Coast
- Political Leaning
Has inflation reached a peak? Three signs that prices could soon come down
Inflation is at a 40-year high, and Americans are feeling it. Thankfully some analysts think that the burden could soon ease, and that we've reached an inflationary top.
Ryan Detrick, chief market strategist for LPL Financial, thinks it's likely that inflation has already reached a peak on its own, and that the Fed could start to pull back on interest rates by the second half of the year.
Analysts at UBS also said this month that they expect inflation will likely peak in March and then fall "sharply."
[The article is not long at all, so rather than providing 'synopsis' excerpts of a technical nature, I think the article is best read or skimmed in entirety]
I think the article makes a reasonable case that inflation may have peaked, and is heading down. In fact, it presents quantitative evidence where inflation is already easing-up.
Giving a supposed time-frame of inflation normalizing in the 2nd half of the year, I suspect it has the possibility to give Democrats a much needed boost going into the mid-terms - if it comes to be.