Investment Advisor: Inflation May Never Fall to 2 Percent

Don Ma
By Don Ma
December 2, 2022NTD Business
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New data shows that U.S. inflation rates have eased but still remain well above the Federal Reserve’s target.

According to the personal consumption expenditures index (PCE),  prices rose 6 percent in October from 2021, the smallest increase since November of last year and down from a 6.3 percent year-over-year rise in September.

So where is inflation going from here? and are we facing an economic recession soon? NTD’s Don Ma spoke with Ted Oakley, a managing partner at Oxbow Advisors with more than forty years of experience in advising high net worth clients in the investment industry.

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