Opinion

Inflation Is Being Driven More by Investment Than Consumption

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Inflation Is Being Driven More by Investment Than Consumption
Dilok Klaisataporn/Shutterstock
Law Ka-chung
Updated:
0:00
Commentary

The Federal Reserve recently released a confusing signal to the market about their policy stance of being hawkish or dovish. This is expected given their “argument” that the bond market has done the tightening job for them.

Law Ka-chung
Law Ka-chung
Author
Law Ka-chung is a commentator on global macroeconomics and markets. He has been writing numerous newspaper and magazine columns and talking about markets on various TV, radio, and online channels in Hong Kong since 2005. He covers all types of economics and finance topics in the United States, Europe, and Asia, ranging from macroeconomic theories to market outlook for equities, currencies, rates, yields, and commodities. He has been the chief economist and strategist at a Hong Kong branch of the fifth-largest Chinese bank for more than 12 years. He has a Ph.D. in Economics, MSc in Mathematics, and MSc in Astrophysics.
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