It's not a question of a sudden explosion in prices. It's more an erosion of the low-inflation psychology.
It's not a question of a sudden explosion in prices. It's more an erosion of the low-inflation psychology.
We accept interest rates may rise in order to maintain the low-inflation stability which is essential for business.
I think we're probably going to be caught between this strong-economy, low-inflation scenario for the balance of the year. Which puts us right back into a range trade.
Did firms have trouble making profits back in the 1950s and 1960s ... No -- they were used to a low-inflation environment, and the cost side was used to that, and workers' expectations about wages were more attuned to that.
© 2020 Inspirational Stories
© 2020 Inspirational Stories