Rising food and oil prices combined with billions of stimulus dollars injected into the economy look like a recipe for high inflation. Will the government be able to use its tools to combat soaring prices? Or has the problem grown so great that a long run of high inflation is inevitable?
Kiplinger’s offers our own outlook. But we’ve also enlisted other experts to share their opinions on the matter.
No Serious Inflation Worries
MICHAEL DUEKER, the chief economist of Russell Investments and a former research economist at the Federal Reserve Bank of St. Louis, says, "The near-term risk of a long, damaging spell of inflation in the U.S. remains low." Read Prolonged Inflation Is Not in the Cards for his detailed explanation.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Fair Inflation Fears
Economist MARK ZUPAN, dean of the Simon Graduate School of Business, University of Rochester, says, "Our nation is flirting with resurrecting inflation to levels that are reminiscent of the grim 1970s." See more of his reasoning in Stimulus Is a Recipe for Inflation.
Other inflation thoughts around Kiplinger.com:
• PRACTICAL ECONOMICS: Bernanke Taking His Case to the People
• Higher Commodity Prices Warn of Inflation
• VALUE ADDED: Disaster in Japan Raises Odds of Double-Dip Recession
What’s your take? Please join the discussion about inflation on our Facebook page or in the comment box below.
-
Stock Market Today: Stocks Gain on Tech, Auto Tariff TalkThe Trump administration said late Friday that it will temporarily halt tariffs on some Chinese tech imports.
-
Sam's Club Plans Aggressive Expansion: Discover Its New LocationsSam's Club expansion plans will open up to 15 new stores each year. Learn where they plan to open in 2025.
-
The AI Doctor Coming to Read Your Test ResultsThe Kiplinger Letter There’s big opportunity for AI tools that analyze CAT scans, MRIs and other medical images. But there are also big challenges that human clinicians and tech companies will have to overcome.
-
The New Space Age Takes OffThe Kiplinger Letter From fast broadband to SOS texting, space has never been more embedded in peoples’ lives. The future is even more exciting for rockets, satellites and emerging space tech.
-
Rising AI Demand Stokes Undersea InvestmentsThe Kiplinger Letter As demand soars for AI, there’s a need to transport huge amounts of data across oceans. Tech giants have big plans for new submarine cables, including the longest ever.
-
What DOGE is Doing NowThe Kiplinger Letter As Musk's DOGE pursues its ambitious agenda, uncertainty and legal challenges are mounting — causing frustration for Trump.
-
A Move Away From Free TradeThe Letter President Trump says long-term gain will be worth short-term pain, but the pain could be significant this year.
-
Trump’s Whirlwind Month of Crypto MovesThe Kiplinger Letter The Trump administration wants to strengthen U.S. leadership in the cryptocurrency industry by providing regulatory clarity.
-
Donald Trump Tests His LimitsThe Kiplinger Letter President Encounters Legal Obstacles in Pursuit of Ambitious Agenda.
-
Another Down Year for AgricultureThe Kiplinger Letter Farmers brace for falling incomes, widening trade deficits
