Published Date Apr 29, 2024

“The road back to the target should get underway in the remaining quarters this year, and it will really be bumpy and nonlinear,” Bernstein told the Economic Club of New York in remarks today.1

Bernstein said the disinflationary trend of 2023 was mostly driven by an “unsnarling” of supply chains.

READ MORE: Inflation Will Move Back Toward Target in 2024, White House Advisor Says

By Caroline Gaudette

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