Is the Fed About to Start Promoting Inflation?
Today on the Brief: EU leaders agree on $2 billion stimulus package LinkedIn job cuts show weakness in the professional sector Has DeFi jumped the shark? Our main discussion: The Fed’s changing inflation strategy University of Oregon professor and...
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Show Notes
Today on the Brief:
- EU leaders agree on $2 billion stimulus package
- LinkedIn job cuts show weakness in the professional sector
- Has DeFi jumped the shark?
Our main discussion: The Fed’s changing inflation strategy
University of Oregon professor and Bloomberg columnist Tim Duy recently penned a piece called “The Fed Is Setting the Stage for a Major Policy Change” arguing that we’re likely to see more inflation, promoted by the Fed.
In this episode, NLW breaks down:
- Why the Fed is turning away from its traditional inflation forecasting method
- Why the Fed is likely to let real inflation hit 2% before doing anything
- Why some are calling the move “simply asinine”
- Why some think the Fed is full of hot air and has no power to actually create inflation
- Why the Fed is trapped by its definition of inflation
Audio clip featuring Alhambra Investments head of research Jeffrey Snider in an interview with Emil Kalinowski.