Senin, 31 Agustus 2020

Inflation Is Here — The Fed Just Doesn’t Know Where to Look

 
August 31, 2020
 
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Inflation Is Here — The Fed Just Doesn't Know Where to Look
Initial jobless claims topped one million once again.

And that was followed closely by Federal Reserve Chairman Jerome Powell hitting the airwaves and announcing that the Central Bank is going to tolerate "inflation moderately above 2% for some time."

That's when I almost spit coffee all over my screens.

Because as I've discussed before, inflation is already here… but it's not something you'll notice if you look at traditional factors.

This is probably the most important…
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