Torsten Slok, chief economist at Apollo Global Management, says inflation remains at levels too high for comfort for the Federal Reserve and that “a default cycle has started” for consumers and corporates.
He speaks on “Bloomberg Surveillance.”
(Bloomberg) — Torsten Slok, chief economist at Apollo Global Management, says inflation remains at levels too high for comfort for the Federal Reserve and that “a default cycle has started” for consumers and corporates.
He speaks on “Bloomberg Surveillance.”
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