MMT's Kelton Says Temporary Inflation Sign of 'Growing Pains'

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MMT's Kelton Says Temporary Inflation Sign of 'Growing Pains'

Stephanie Kelton speaks with Bloomberg's Romaine Bostick on “Wall Street Week.”
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Your Weekend Reading: The Americans Choosing to Avoid Vaccination

By submitting my information, I agree to the Privacy Policy and Terms of Service and to receive offers and promotions from Bloomberg. Huge swaths of
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Hays lifts profit guidance but warns on wage inflation

UK-based recruitment group Hays has warned of rising wage inflation and skills shortages as an increase in business confidence led to a rebound in its core markets in Europe and Australia. The company upgraded its guidance for operating …
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Major Apple supplier TSMC eyes expansion in US, Japan to meet sustained chip demand

The world’s largest contract chipmaker and a major Apple supplier also said it is currently reviewing a plan to set up a specialty technology wafer fabrication plant, or fab, in Japan.
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Morgan Stanley Earnings Beat Expectations. Why the Stock Is Down.

Morgan Stanley ‘s recent purchases of Eaton Vance and E*Trade helped the bank to deliver higher earnings than expected for the second quarter. The investment bank (ticker: MS) earned $3.5 billion, or $1.85 a share, from $14.8 billion of revenue. Analysts …
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