The Fed is Sticking to Higher for Longer
Real Vision: Finance & Investing
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Isn't It Unreasonable to Expect a Goldilocks View of Core Inflation?
Darius Kohn: We've never seen core inflation break down as materially and as already has on a sequential basis prior to a recession. You need a recession to cause the sort of animal spirits in the economy and the wage price spiral dynamics to sort of ease, he says. But we are observing it in the data. There's no way there's no advance about it,. He adds that investors have been humbled by the market this year.
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