Citi's Hollenhorst Sees Trend Toward Cooling Inflation

Andrew Hollenhorst, chief US economist at Citi, told Bloomberg Television that he expects the upcoming US inflation report to show cooling inflation. "If we get a cool reading again this month, and we think that we will, then you have more of a trend toward cooling inflation," Hollenhorst said. He added that such a trend would differ from recent statements by some Federal Reserve officials.

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