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UBS On-Air: Paul Donovan Daily Audio 'Inflation fears without inflation'
Published 2 months ago
Description
US October consumer price inflation should have been published today. It is unlikely the number will ever be calculated, because there was no one to collect the price data. This highlights a problem —even if the US government is functioning, there are fewer employees collecting prices, which means more of the inflation number is ”interpolated” (or “guessed”).