(Bloomberg) An expected increase in UK inflation is making the Bank of England’s already difficult decision on when to pause rate hikes even harder. Most Read from BloombergF-35 Debris Found After a $100 Million Fighter Jet Went MissingIndia, Canada Trade Diplomatic Blows Over Murder AllegationsVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingHow Auto Executives Misread the UAW Ahead of Historic StrikeUK inflation data due out Wednesday will likely show that price gains no
“‘Both on the supply side and the demand side, there are factors implying that 2% [inflation] is, at this point, mission impossible.’ ” Nouriel Roubini, a…
RBA Hasn t Ruled Out Rate Hikes; the High Cost of U.S. Auto Loans; Roubini on Inflation s New Normal By James Christie Good day. The Reserve Bank of Australia continues to warn that further.
The world’s advanced economies, such as the U.S., the U.K. and France, won’t return to 2% inflation in the near term, said Nouriel Roubini, CEO of Roubini.
Around this time last year, Nouriel Roubini, the famed economist who has earned the sobriquet “Dr. Doom” on Wall Street for his gloomy outlook on markets,…