AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Core of Inflation
There's no evidence that inflation has died yet. And we've even gotten some bad news over the last two days, OPEC decided to cut a million barrels a day of production and oil prices shot up. So all this talk about a Fed pivot may be a little premature until we see some real signs of either the labor market collapsing or inflation slowing down.