Economist: US inflation data likely to stabilize at the Federal Reserve's target level by the end of next year or early 2026
2024-09-22 16:57:52
Nerdwallet senior economist economist elizabeth lent if everythingdesk3cryptocurrencydesktopCrypto News
Elizabeth Lunt, senior economist at NerdWallet, said that if all goes according to plan, U.S. inflation data will continue to slow, and then stabilize at the Federal Reserve's target level sometime late next year or early 2026, hopefully without a severe recession in the process. In addition, eToro U.S. investment analyst Bret Kenwell said that for the economy to remain stable, inflation will not return, and lower interest rates and strong earnings growth can continue to drive U.S. stocks higher in the long run.
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