Reported 11 months ago
Citi's chief investment strategist and economist, Steven Wieting, discusses how different central banks are handling inflation. He mentions that Japan is showing pressure to raise rates, while the cases for Europe and the United States are not as different as perceived. Wieting explains that the Federal Reserve might follow the European Central Bank in adjusting policy rates slightly. With a focus on inflation progress and labor markets, he suggests that a cooling in inflation could be expected in the future, possibly not leading to maximum employment in the next 12 months.
Source: YAHOO