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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 12/Feb 15:30

Could tech hold key to worsening US inflation?

With new data showing US inflation remaining not only persistent but getting hotter, Nigel Green, CEO of financial advisory giant deVere Group, said advances in technology could provide a crucial buffer against rising prices, particularly as Trump’s economic policies take shape. Latest figures out Wednesday show the US Consumer Price Index (CPI) increased by 3.0% in January, higher than anticipated by most economists. Excluding volatile components such as food and energy, core inflation remains elevated at 3.3% year-on-year. “The latest data shows that US CPI has come in above expectations. This suggests that the Fed will be even less likely to

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