US Inflation Is at an Inflection Point: Economist Shepherdson

Ian Shepherdson, chief economist at Pantheon Macroeconomics, says it is starting to look like an “entrenched softening” of the US economy as he examines retail sales for the month of May.
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1:24 - Describing current state labor market dynamics
1:45 - Describing possible near term deflation
1:58 - Talking about overshoot in 2025

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