Inflation Expectations Are Stable, Says Apollo's Slok

Apollo Chief Economist Torsten Slok discussed the impact of the energy shock on consumers, inflation expectations and the US labor market on Bloomberg's Real Yield. He flagged that higher energy costs are weighing on real incomes, could lift inflation expectations, and may influence labor market dynamics — implications that bear on Fed policy and bond yields.

Analysis

Apollo Chief Economist Torsten Slok discussed the impact of the energy shock on consumers, inflation expectations and the US labor market on Bloomberg's Real Yield. He flagged that higher energy costs are weighing on real incomes, could lift inflation expectations, and may influence labor market dynamics — implications that bear on Fed policy and bond yields.