International Business Times Article on Economic Outlook

I am quoted in this article:

“The Federal Reserve will be paying careful attention to the upcoming Producer Price Index and Consumer Price Index reports next week, as well as the Personal Consumption Expenditures Index, which will be released on November 30,” David Kass, clinical professor of finance at the University of Maryland Robert H. Smith School of Business, told IBT.

“With the current unemployment rate of only 3.9%, the Federal Funds rate of 5 1/4%-5 1/2% may be increased by 1/4% at the next FOMC meeting on Dec. 12-13, 2023,” he added. “If these measures of inflation indicate that little or no progress is being made in reducing the rate of price increases.”