Rich Pickings: Challenging the narrative on recession, inflation and rates
Fidelity Answers: The Investment Podcast
The Irony of the Inflation Path
I don't think we're going to see significant disinflation and even deflation in coming months. But because of this low sensitivity of the economy and of consumers, central banks have to do more. They have to hike more to get inflation down. And so that's the whole irony of the situation is that a lot has been done to smooth out the shocks to the economy but now they must do more. Sure, if inflation starts falling very rapidly and it goes to target, I think they will do a very quick course correction.
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