Bloomberg (gated) carries remarks from Guggenheim Partners Investment Management chief investment officer Anne Walsh, who spoke at the Greenwich Economic Forum in Connecticut on Tuesday.

In very brief:

  • "We’re in a reflationary world for the first time in a while”
  • when inflation returns to the Fed’s 2% target, policymakers “should probably take that ridiculous collar off and work within a range because I don’t think that level is something they can stay at for a long time”
  • skeptical on China’s stock market

****

I posted earlier on expectations for the week's US inflation report, core is still seen above 3%:

Powell holding a balloon
AI image

More inflation?