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Inflation increase will harm consumers – Michigan’s Curtin

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - The University of Michigan Confidence Survey director Curtin, while speaking to Bloomberg, said an increase in inflation will harm consumers, but also warned that the Fed should be concerned about deflation as well.

    Key Quotes

    "Disinflationary mindset" now taking hold

    Fed needs to be concerned about both sides of inflation

    Inflation yardstick now similar to 1950s/1960s

    Consumers not concerned about another recession
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