Guggenheim’s Minerd Says U.S. Can Add Jobs Without Inflation

  • Manager of $250 billion says unemployment rate can fall more
  • Fed may let inflation run as high as 3% compared with 2% goal

There’s still a lot of room to grow in the U.S. job market without running short of workers or fueling wage inflation, according to Scott Minerd, who manages $250 billion for Guggenheim Partners.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.