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May 13 2020

COVID-19 Impact Showing Up In Inflation

  • May 13, 2020

The CPI numbers missed expectations. COVID-19 is the divide between inflation winners vs losers. Our inflation scorecard continues to point to lower inflation and it’s driven by a demand shock. Lower capacity utilization and money velocity also indicate a disinflationary trend ahead.

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About The Author

Chun Wang / Sr. Research Analyst & Co-Portfolio Manager