Middle East war will keep US inflation above 3% for some time

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In this podcast, STANLIB’s Chief Economist, Kevin Lings, analyses the increase in US inflation in March to 3.3% from 2.4%, largely due to oil price pressure – gasoline prices rose 21% in the month. Inflation is likely to stay above 3% for some time, above the US Federal Reserve 2% target. Inflation concerns are reflected in consumer confidence data. He also looks at the implications of the long-term decline in South African manufacturing data.
STANLIB Asset Management (Pty) Ltd is an authorised Financial Services Provider in terms of the FAIS Act. This should not be construed as advice.
13 Apr English South Africa Investing · Business News

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