Comment & Analysis
7% inflation shows Fed missed their window to taper sooner
“With US inflation topping 7% for the first time in nearly 40 years, the economy is feeling the heat of the Federal Reserve’s stimulative pandemic monetary response and Washington’s fiscal pump. Unfortunately, for Jerome Powell, the Fed missed their window to start normalising sooner than this year when households will…
Continue Reading
Subscribe to unlock the full article and access premium financial content.