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Fox News: Upcoming Inflation Data 'Will Be Bad News Again,' Economist Ed Yardeni Warns

July 11, 2022
Inflation Buy Gold

Article by Talia Kaplan in Fox News website

Yardeni Research President Edward Yardeni discussed what he believes Americans should expect from upcoming inflation data, warning that "it’s going to be bad news again."

"Higher-wage workers are also getting squeezed with inflation, but they probably have more savings that they can dip into and can always cut out consumer discretionary items, which is what we’ve seen as what’s contributed to some of the recent weakness in the economy," Yardeni continued... 

To read this article in Fox News website in its entirety, click here.

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