By Ashwin Alankar
The U.S. inflation rate has remained stubbornly low. Still, Ashwin Alankar, Head of Global Asset Allocation, says a combination of factors is helping set the stage for a potential inflationary shock.
As concerns rise about a global economic slowdown, investors may be tempted to push worries about inflation out of mind. In June, the Federal Reserve's (Fed) preferred measure of inflation, the core personal consumption expenditures ((PCE)) price index, rose only 1.6% year over year, well below the central bank's 2.0% target. The data were part of a long-running pattern of subdued