Economy

Investors are concerned, economists see a sign of temporary growth

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A Walmart worker organizes products for Christmas season at a Walmart store in Teterboro, New Jersey.

Eduardo Munoz | Reuters

A little inflation might not be such a bad thing, after all.

With the Labor Department’s inflation report Wednesday spooking stock markets, and traders blaming rising prices for a broad sell-off in technology shares, attention has once again centered on how much Americans are paying for the totality of the things they consume.

The recent pickup in inflation may, in fact, be a temporary — and welcome — change for those who fear a slowdown in U.S. gross domestic product. Inflation, when controlled, is often a healthy byproduct of a growing economy, so its dormancy…



Source cnbc.com

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