Surveillance: Global Market Selloff (Podcast)
Bloomberg Surveillance
00:00
Inflation and Supply Stability in the Economy
Consumer fundamentals are our firm in many ways, you know, a lot of chipping against it. So so look some of the lagging indicators like inflation will take a long time to roll over. But it doesn't mean we have to assume that inflation will rise forever. The sources of demand in economy are too anstable. We think monitory policy can take care of everything. It can. I humer price shortend in a short turn. Think of tat. Air fares have shot up by 32 % over two months. That's non annualized. Well, what were receiving at goods prices last year? The same thing.
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