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US Economy's Resilience is 'Coming at a Cost,' Says Frances Donald

Bloomberg Markets Tuesday 20 October 2026, 15:58 UTC 1 min read
Key Points

Oct 20th, 2026 US Economy's Resilience is 'Coming at a Cost,' Says Frances Donald Treasuries are set to keep falling out of favor as an equity hedge amid a return to a persistently elevated inflation regime. Frances Donald, Chief Economist at RBC, breaks down this elevated inflation regime and what it means for wages, the labor market, and US economy as a whole.

Oct 20th, 2026 US Economy's Resilience is 'Coming at a Cost,' Says Frances Donald Treasuries are set to keep falling out of favor as an equity hedge amid a return to a persistently elevated inflation regime. Frances Donald, Chief Economist at RBC, breaks down this elevated inflation regime and what it means for wages, the labor market, and US economy as a whole.
US Economy's Resilience (ORG) Frances Donald (PERSON) Frances Donald Treasuries (PERSON) RBC (ORG) US (LOCATION)
Originally published by Bloomberg Markets Read original →

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