Cathie Wood sees inflation rising in the near term, but says 'innovation-based deflation' will keep rising costs in check in coming years

Cathie Wood sees inflation, as measured by the Consumer Price Index, rising to 3% or 4% in the coming months. However, according to Wood, inflation is just a temporary state brought about by monetary and fiscal stimulus as well as supply imbalances. "Innovation-based deflation" is set to keep rising costs...