Inflation Outlook
Mark discusses the potential for a significant decrease in inflation, contingent on stable oil prices and improving supply chains. He notes that rent growth is slowing, which should positively impact inflation statistics by next year. However, wage growth in sectors like healthcare may take longer to stabilize, complicating the path back to the Fed's target inflation rate. Overall, the outlook suggests a return to more manageable inflation levels by early 2024, provided several economic variables align favorably.In this clip
From this podcast
The Prof G Pod with Scott Galloway
State of Play: Inflation, Recession Signals, and the Housing Market — with Mark Zandi
Related Questions