There’s one hot-button topic that could hold the key to where inflation goes: immigration.
It’s already done a great deal in bringing down consumer price growth to where it is now, experts say, even though the most recent data showed that inflation increased more than expected in December. Investors would be wise to track the flow of immigrants as they assess the future direction of interest rates and the US economy.
Not only did the foreign-born population in the US finally exceed its…
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