Surveillance: 2023 Market Outlook
Bloomberg Surveillance
00:00
The Pandemic Disrupted Services Inflation
The pandemic disrupted services inflation as well as goods inflation. Think about hotel rates, airfares, they've done a lot of busting and booming through the various opening, closing waves. I think we're getting back into a more normal zone of consumer price sensitivity. And that's really key to cooling inflation without a deeper recession.
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