3 Factors That Could Change The Course Of Inflation
For the past year, supply-related problems contributed more to inflation than demand-related imbalances, however that may be changing soon. There are at least three factors that could change the course of inflation.
The first announcement for GDP data came out during the last week of July and was negative. This appears to be the definition of a recession - 2 consecutive quarters of negative GDP data. Are we in a recession and why has a recession not been called?