Investment Insight
September 18, 2021
Torsten Slok talks inflation on Barron’s Roundtable
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Our Chief Economist Torsten Slok recently joined Barron's Roundtable on Fox Business to discuss his views on rising inflation concerns.
He explained that while many experts consider inflation fears to be temporary—driven by impacts from COVID—there are three different driving factors which may cause inflation worries to be more permanent: labor shortages and rising wages, rising housing prices, and lingering supply chain problems.
“We could have an inflation problem that’s going to last least until the end of this year, and potentially well into next year,” he said.
Additional discussion topics included: the Delta variant’s ongoing market impacts and the potential market implications if there’s an impasse over the upcoming U.S. debt ceiling deadline in October.
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