- We are getting very close to the point of declaring that we have brought inflation to a sustainable level of 2%.
- One should still be vigilant about services inflation, which is rising by around 4%
- Some of the inflation figures are moving in the right direction down
- Price levels are not going to return to the good old ways
- Deluded by this idea are people who do not have that much disposable income
- One has to be careful about salary too
- We are approaching the end of that process where wages have caught up with prices
- Let's hope we don't go back to the very illogical system of negative interest rates
- A tit-for-tat retaliation on trade is just bad for the global economy as a whole
- It could also be bad for the US economy, for that matter
- Full transcript
This article was written by Justin Low at www.forexlive.com.
Source link
