Ford predicts post-pandemic US inflation will dissipate within a year
Bill Ford · Bill Ford – General Atlantic (Manager Meetings, EP.03) · Jul 22, 2021 · at 50:41
In July 2021, General Atlantic CEO Bill Ford evaluates whether the post-pandemic spike in US inflation is transitory or lasting.
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“I think it's going to be natural to have some level of inflation here for a period of quarters. If it was a normal, gradual, cyclical recovery, or recovery coming out of a financial crisis like what you have all experienced, I think it's very, very different from reopening and when the demand comes back. I am not as worried about some big inflation prints here in the next couple quarters. No, I will be if in a year from now it's holding up, because I think The pent-up demand will be absorbed and dissipate, and you'll move back more towards a normalized growth rate in the US, something like two percentage, and a global growth rate of two and a half, three, hopefully three.”
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