The Fed is way behind the curve

It has been making nervous noises but it has just started tinkering at the edges, hoping it doesn’t have to really crank things higher. Too many analysts/pundits and, indeed, central bankers are still much too sanguine that the current burst of inflation is transient

from The Financial Express https://ift.tt/3IbKOKC
https://ift.tt/eA8V8J Jamal Mecklai

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