Bilal’s Macroscope: My Top 10 Macro Charts for Q4
- By Bilal Hafeez
- 3 min read
US services inflation has proven more robust than many expected, even while core goods inflation has declined well. While the shifting pattern of consumption post-COVID will have had a strong impact, services cost pressures tend to be more driven by wages, which tend to be stickier.
US services inflation has proven more robust than many expected, even while core goods inflation has declined well. While the shifting pattern of consumption post-COVID will have had a strong impact, services cost pressures tend to be more driven by wages, which tend to be stickier.
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