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Michael Luke: Milford Asset Management expert on what the new US inflation data means for the economy
Manage episode 499932290 series 2098282
US inflation held steady in July, with consumer prices rising 2.7 percent - depite the ongoing concerns around import tariffs.
Figures are better than economists feared, but underlying pressures make the Federal Reserve's next move unclear.
Milford Asset Management's Michael Luke explained further.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
10367 episodes
Manage episode 499932290 series 2098282
US inflation held steady in July, with consumer prices rising 2.7 percent - depite the ongoing concerns around import tariffs.
Figures are better than economists feared, but underlying pressures make the Federal Reserve's next move unclear.
Milford Asset Management's Michael Luke explained further.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
10367 episodes
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