Humble Forecasting, Hopeful Outlook
Moody's Talks - Inside Economics
00:00
What Are the Headwinds to Inflation?
The headwinds to inflation now have become tailwinds, but they're new tailwinds. Globalization is over and if we're not de-globalizing, we're globalizing,. We've got the transition cost from going from fossil fuel to renewable. And in terms of labor market, we got all these demographic trends aging out of the boomer generation less foreign immigration means perennial tight labor market.
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