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Economy - Economics USA

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https://www.zerohedge.com, by Tyler Durden

With BofA predicting that the US is facing a period of "transitory hyperinflation", one which could last up to 4 years, as a result of soaring commodity prices in everything from metals to food and beyond, in what increasingly more warn is a stagflat

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https://www.zerohedge.com, by Tyler Durden

While it received far less attention that the Fed's dot plot, the only thing that the Fed actually did change yesterday were its administered rates, as it raised the rate on its overnight Reverse Repo facility from 0% to 0.05% and the rate on excess