Comment on Why economists and strategists still say a recession is postponed, despite a startling inflation report

Why economists and strategists still say a recession is postponed, despite a startling inflation report

Inflation still looms large over consumers, though that suggest spending is holding up.Chelsea Jia Feng/BIContradictory messages about inflation and the labor market have investors on guard.Consumer prices exceeded expectations this week, even as producer prices fell flat.Here's why concerns about an impending recession are overblown.The US economy is humming along, for better or worse — or at least it appears that way.A shockingly strong September jobs report is one of many data points that supports this stance.

 

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