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"While we continue our efforts to regain business momentum through our turnaround plan and improve sales at our more than 36,000 restaurants around the world, our current performance reflects the ongoing pressures of the business, which we expect to persist through at least the first half of the year," Easterbrook said.
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"Measured expectations suggest that lower inflation is expected to persist.
"If this drift in inflation risk tolerance were to persist, or were expected to persist, it could give rise to a damaging increase in inflationary expectations," one of the dissidents, Narayana Kocherlakota, president of the Federal Reserve Bank of Minneapolis, said earlier this month.
But shortages are expected to persist for months.
These factors are expected to persist, offsetting any inflationary pressure generated by the domestic UK economy.
Turbulent conditions are expected to persist, so mutual funds face challenges wherever they invest.
Better still, much of this good fortune is expected to persist.
As he notes, Humberto is not expected to persist very long.
The Federal Climate Prediction Center said today that the dry heat that helped spawn the fire is expected to persist through September.
That trend was expected to persist this year with continued increases in revolving credit, the category that includes credit card debt.
The unusually frigid temperatures that have gripped Britain and Ireland since late December are expected to persist for another week or more.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com