Surveillance: 'Springy' Oil with Blanch
Bloomberg Surveillance
00:00
Is There a Tailwind for Inflation?
I think there are some tailwinds for inflation next year. We still have the effect of the dollar appreciation feeding into poor goods with a lag. But we shouldn't extrapolate this into the Fed is going to calculate significantly immediately as we hit a rough patch in the US economy. Where have all the missing workers gone? This is something that Jay Powell has been talking about.
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