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Guggenheim CIO says inflation of up to 4% could be a new normal

October 09, 2024 at 12:24AM
Bloomberg (gated) carries remarks from Guggenheim Partners Investment Management chief investment officer Anne Walsh, who spoke at the Greenwich Economic Forum in Connecticut on Tuesday.

In very brief:

“We’re in a reflationary world for the first time in a while”

when inflation returns to the Fed’s 2% target, policymakers “should probably take that ridiculous collar off and work within a range because I don’t think that level is something they can stay at for a long time”

skeptical on China’s stock market

****

I posted earlier on expectations for the week’s US inflation report, core is still seen above 3%:

US inflation data is due this week – here are 14 investment bank forecasts

More inflation?

This article was written by Eamonn Sheridan at www.forexlive.com.

Guggenheim CIO says inflation of up to 4% could be a new normal