Gold letter K

JulyVelchev/iStock via Getty Images

The Federal Reserve faces an increasingly difficult inflation challenge as widening divisions between U.S. consumers complicate the central bank’s ability to set monetary policy, according to Societe Generale cross-asset strategist Manish Kabra.

The gap between households continues to widen, with credit

Source link

Leave a Reply

Discover more from Occasional Digest

Subscribe now to keep reading and get access to the full archive.

Continue reading