# Fed’s ‘transitory’ inflation plot thickens again with rate at 30-year high

- Link: https://www.widthness.com/feds-transitory-inflation-plot-thickens-again-with-rate-at-30-year-high/
- Published: 2021-11-12T09:30:42-06:00
- Author: Curated by John Wysocki

Photo caption: The Federal Reserve building is seen in Washington, U.S., October 20, 2021. Photo credit: Reuters / Joshua Roberts / File Photo. Article by Howard Schneider. Reuters – November 11, 2021. WASHINGTON, Nov 11 (Reuters) – Inflation pushed more broadly through the economy in October again challenging the Federal Reserve’s outlook for only “transitory” price increases, offsetting recent wage hikes in a blow to consumers, and prompting investors to boost bets the central bank will raise interest rates sooner than expected. […] Click here to view original web page at www.reuters.com