Inflation Has Been Dominated By Service Sector Price Increases

The idea that inflation will stay "higher for longer" is finally being embraced, says Michael Shaoul. He discusses how inflation metrics have been dominated by a surge of service sector price increases. He also notes that the latest CPI should have the effect of banishing the thoughts of any dovish pivot for a while longer. Tune in to find out more about CPI trends and inflation data, as well as the stock market today.

Morning Trade Live

19 Oct 2022

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