A too-hot US economy pressuring prices higher

With no recession in sight, commentators are swinging back to concerns about a too-hot economy pressuring prices higher.

The most salient recent example is Apollo Global Management Inc. Chief Economist Torsten Slok, who said last week that economic strength will prevent the Federal Reserve from cutting policy rates in 2024.

Jonathan Levin Bloomberg 5 March 2024

https://www.bloomberg.com/opinion/articles/2024-03-05/inflation-worrywarts-are-back-in-markets-can-you-ignore-them

But what if the Fed doesn’t cut at all? Torsten Slok, chief economist at the Apollo Group in New York, had the nerve to put his head over the parapet and predict that they won’t. 

https://englundmacro.blogspot.com/2024/03/the-s-500-at-another-high-its-not-in.html

Bloomberg Businessweek: Slok Says Fed Will Not Cut

https://www.bloomberg.com/news/audio/2024-03-01/bloomberg-businessweek-slok-says-fed-will-not-cut-podcast?sref=cKGdJXDM