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Inflation is at a four-decade high, could a recession be next?

Posted by Simon Keighley on February 15, 2022 - 11:26am


Inflation is at a four-decade high, could a recession be next?

Inflation is at a four-decade high, could a recession be next?

Inflation is now at yet another four-decade high, with the headline consumer price index surpassing (CPI) December's reading of 7% to reach 7.5% in January, according to the latest data release from the Bureau of Labor Statistics.

All eyes are now on the reaction of the Federal Reserve. Michelle Makori, editor-in-chief of Kitco News, discussed likely responses from the U.S. central bank, as well as the assets that will benefit most from a high inflationary environment, with Mike Lee, founder of Mike Lee Strategy, and David Nelson, chief strategist of Belpointe Asset Management LLC. Read More

Source: Kitco.com

 

Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.

 

 

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