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.
From just $107.88 $24.99 for Kiplinger Personal Finance
Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues
Sign up for Kiplinger’s Free 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.
-
Stocks Keep Climbing as Fed Meeting Nears: Stock Market TodayA stale inflation report and improving consumer sentiment did little to shift expectations for a rate cut next week.
-
Your End of Year Insurance Coverage Review ChecklistStop paying for insurance you don't need and close coverage gaps you didn't know about with this year-end insurance review.
-
Crypto Trends to Watch in 2026Cryptocurrency is still less than 20 years old, but it remains a fast-moving (and also maturing) market. Here are the crypto trends to watch for in 2026.
-
Amid Mounting Uncertainty: Five Forecasts About AIThe Kiplinger Letter With the risk of overspending on AI data centers hotly debated, here are some forecasts about AI that we can make with some confidence.
-
Worried About an AI Bubble? Here’s What You Need to KnowThe Kiplinger Letter Though AI is a transformative technology, it’s worth paying attention to the rising economic and financial risks. Here’s some guidance to navigate AI’s future.
-
Will AI Videos Disrupt Social Media?The Kiplinger Letter With the introduction of OpenAI’s new AI social media app, Sora, the internet is about to be flooded with startling AI-generated videos.
-
What Services Are Open During the Government Shutdown?The Kiplinger Letter As the shutdown drags on, many basic federal services will increasingly be affected.
-
The Economy on a Knife's EdgeThe Letter GDP is growing, but employers have all but stopped hiring as they watch how the trade war plays out.
-
Apple Readies for AI Upgrade with New iPhonesThe Kiplinger Letter The tech giant has stumbled when it comes to artificial intelligence, but a new batch of iPhones will help it make headway.
-
Japan Enters a New Era of Risk and ReformThe Kiplinger Letter Japan has entered a pivotal moment in its economic history, undertaking ambitious policy and structural reforms to escape from decades of stagnation.
-
How Consumers Are Tinkering with Cutting-Edge AIThe Kiplinger Letter Companies launching artificial intelligence tools are jostling for consumer attention. Some products are already building a deep connection with users.
