NDR: What Do Core Inflation Numbers Signal?

Today Alejandra Grindal, Chief Economist at Ned Davis Research, joined BNN Bloomberg to talk about the U.S. inflation in September that came in slightly higher-than-expected at 3.7%.
However, the core inflation number came in as expected at 4.1%.  Alejandra maintains that there is still a lot more work to do before we get until we get to the Fed’s target of 2%. Tune in to learn more about her key takeaways on inflation and the economy.

https://www.bnnbloomberg.ca/video/individual-components-of-the-economy-point-to-potential-inflation-upside-economist~2784813