Growing concerns over US economic vulnerability and inflationary pressures
- 1Mark Zandi believes the US economy is vulnerable.
- 2The September Consumer Price Index recorded 3.7%.
- 3The market priced in a 50% probability of the central bank raising interest rates again in October.
So what's the key point?
Concerns are growing that the US economy may weaken. With inflation rising to 3.7%, there is a 50% chance the central bank will raise interest rates.
Source Fortune · View original ↗
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