HomeBusinessReal Estate & Housing Market NewsInflation Reduction Act Will Not Reduce Inflation Globally

Inflation Reduction Act Will Not Reduce Inflation Globally

Jeffrey Kleintop on the Inflation Reduction Act: “It doesn’t address the biggest contributors to inflation right now which are transportation, food, and housing.” "Easing in the prices of commodities, goods, and services reflected in key components like food, transportation and housing is critical to turning around the losses in the stock market this year. So I will be watching these indicators and the CPI report on Wednesday very closely, as will the stock market," Kleintop adds.

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09 Aug 2022

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