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via finance.yahoo.comEconomy

Inflation that won't die could be 2027's economic shock

FROM THE WIRE · FINANCE.YAHOO.COM

Yahoo Finance Executive Editor Brian Sozzi asserts persistent inflation could be next year's economic shock – recalling his conversation with Chicago Federal Reserve President Austin Goolsbee – and does not rule out a 50 basis point rate hike in December. Video Transcript 00:00…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe possibility of a 50 basis point hike in December weighs on bonds.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Brian Sozzi argues persistent inflation could be next year's economic shock.
  2. 02Chicago Fed President Austin Goolsbee said a 50 basis point hike in December will be heavily discussed.
  3. 03The commentary does not rule out this scenario.

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