Inflation is currently the talk of the financial news networks with ominious headlines and warnings about what's to come. The rise in prices causes everyone to pay more for goods and services, including electric cooperatives for their operations.
With the economy growing at just under 7 percent and supply imbalances creating bottlenecks, economists are wondering where inflation is headed near term. The Federal Reserve thinks the demand shock of the economy reopening earlier this year along with supply constraints caused by global shipping backlogs will subside. Investors aren't so sure and may be looking to shift to safer securities.
In this episode of CFC Solutions Cast, we chat with John Suter, CFC's vice president of economic research, and Matt Wade, CFC's vice president of asset liability management, who provide insights on what's driving inflation today, how it compares with pre-pandemic levels, where it's headed and what it means for electric cooperatives.
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