Rampant U.S. inflation has passed the point of no return

According to a new report from Deutsche Bank analysts, rampant U.S. inflation, running at 40-year highs, has passed the point of no return.John Stepek for Bloomberg News:If you’re hoping, as many in markets apparently do, that inflation is still basically “transitory,” I have some bad news: we’ve already passed the point of no return.
That’s according to a new report from the Deutsche Bank analysts, led by Jim Reid. The team looked at 318 separate occasions since 19