The JJM Investment Group
December 02, 2022
View from the Street: Vanquishing US inflation: 10 reasons to be hopeful
Our chief economist, Avery Shenfeld, spells out 10 reasons to be optimistic that inflation will be reigned during 2023.
It will take time, but he notes: Rate hikes work their way into the economy with a considerable lag, initially hitting a relatively narrow group of interest sensitive sectors, but spread as the slowdown in those industries impacts employment and investment decisions through the multiplier effect.
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