
Neil Dutta and Conor Sen on the Chances of a US Soft Landing
Odd Lots
00:00
Gas Prices, Inflation, and Economic Dynamics
This chapter explores the intricate relationship between falling gas prices and their paradoxical effect on inflation and consumer spending. It highlights the Federal Reserve's focus on labor market trends and the factors influencing inflation beyond direct intervention, emphasizing the complexities introduced by the pandemic. The discussion also considers how recent shifts in household dynamics and the rental market could shape the U.S. economic landscape in 2023, with potential implications for core inflation and interest rates.
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