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Economic Viewpoint

Is the Threat of Inflation Already Scaring the United States? Part 2

October 3, 2018
François Dupuis, Vice-President and Chief Economist • Francis Généreux, Senior Economist

The sustained growth of the U.S. economy is now putting greater pressure on production capacities, including within the job market. That should also have an impact on inflation. Several price indexes have been on the upswing since the beginning of 2018. It is time to ask whether U.S. households and businesses are really noticing these price hikes and whether they have adjusted their expectations as to future inflation.