QOTD: Ephemeral “Transitory”
QOTD = Quote of the Day
Context
The transitory versus permanent inflation debate has suffered from vague definitions. With price growth in the US and Europe now tumbling, those on “team transitory” are somewhat smug.
…of course, anything can be “transitory” on an unspecified timeframe. – FT
Source: https://global-macro-monitor.com/2023/12/27/qotd-ephemeral-transitory/
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