US inflation picked up in January, creating lingering concerns for investors.
Will that last leg of bringing inflation back to target pose the most difficulty?
Deputy Chief Economist James McCann joins hosts Paul Diggle and Luke Bartholomew on the latest podcast to discuss the drivers of US inflation, the positive supply-side shocks that made the initial decline in inflation so rapid, the 1970s experience that might be weighing on policymakers, and whether the US is at risk of a fiscal crisis.
Tune-in to listen to Macro Bytes on Apple Podcasts and Google Podcasts.
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