Inflation is Making a ‘Pervasive and Persistent’ Comeback, Economic Forecaster Lakshman Achuthan Warns

by Stephanie Landsman

Economic forecaster Lakshman Achuthan sees evidence inflation is making a comeback.

“It’s made a very clear cyclical upturn,” the Economic Cycle Research Institute co-founder told CNBC’s “Trading Nation” on Wednesday.

He shows the trend in a special chart of his U.S. future inflation gauge, a proprietary leading indicator, and core CPI.

According to Achuthan, the future inflation gauge bottomed five months ago. But he didn’t have a high conviction view on a material inflation resurgence until now.

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