Worah was speaking on BBG radio and is the deputy CIO and MD at Pimco, Newport Beach.
There’s a lot of people saying that inflation isn’t likely to come anytime soon. I get the feeling that’s going to lead to complacency, and we know how that will end.
Back in July he also wrote that he saw US inflation bottom at the start of the year and we’ll only be seeing the core at 2.3% by mid 2015.
