UPDATE 1-Low U.S. inflation? It's your phone -BlackRock bond manager
June 21, 2017 at 14:28 PM EDT
NEW YORK, June 21 (Reuters) - Americans' love of their smartphones and apps may be contributing to the sluggish pace of inflation that is worrying Wall Street and the Federal Reserve, a top bond manager at BlackRock, the world's biggest asset manager, said on Wednesday.