UBS On-Air: Paul Donovan Daily Audio 'From inflation to labor markets'

In this insightful discussion, Paul Donovan, an expert in economic trends and market behaviors, dives into the latest US consumer price inflation data. He highlights surprising deflationary trends, like plunging furniture prices in California and falling clothing costs in New York. Donovan also explains how inflated housing prices are skewing inflation figures, granting middle-income homeowners more purchasing power than the numbers suggest. Additionally, he compares these dynamics to the consumption patterns in Japan and the UK.