Marc Sumerlin, managing partner at Evenflow Macro, argues that inflation is likely to trend lower in the coming months and suggests the public may be overly concerned about price increases. Appearing on the ‘Kudlow’ program, he explained that recent economic indicators point to a cooling in inflationary pressures, which could allow the Federal Reserve more flexibility in adjusting monetary policy. Sumerlin highlighted that changes in labor market dynamics, supply chain improvements, and moderating consumer spending are contributing factors that may support a more stable price environment. He emphasized that while inflation remains a consideration, current fears might not align with the actual trajectory of economic data. His commentary underscores the importance of data-driven decision-making at the central bank as it evaluates interest rate adjustments and broader economic guidance.
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Americans should be ‘less worried’ about inflation, argues economic consultant
Evenflow Macro Managing Partner Marc Sumerlin predicts inflation will come in ‘lower’ and explains what the Federal Reserve can change on ‘Kudlow’.