Is the Fed Blind? They Think Higher Prices Are Transitory

Sharing is Caring!

In today’s show, you will learn why the Fed thinks inflation is transitory, why the Fed is conducting an operational readiness test of its Reverse Repurchase Program as demand for RRP is blowing up, what the preliminary manufacturing PMIs say about the global manufacturing sector, why energy stock prices fell despite a large crude oil draw, and why the Money Multiplier suggests the Fed will be right on its transitory inflation call.

See also  What happens if the economy materially slows but prices don't decline that much?
See also  This is going to sound crazy, but I still don't think rates have peaked.

Views: 7

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.