Surveillance: Economy Weighs on Midterms
Bloomberg Surveillance
00:00
The Inflation Cycle Is Stickier
This is the inflation cycle I wanted to talk about. So on the way up inflation kicked higher really, really quickly. Do you consider it to be stickier on the way down? Is that the way this usually works out? It's stickier. And I think it's going to be more persistent. The Fed's already admitted that the persistence is much more than it has been in previous cycles.
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