ILCB - Is The Federal Reserve Behind The Curve? And If So What Will The Cost Be?
- The robust recovery from the pandemic recession has pushed U.S. inflation to a multi-decade high.
- Inflation expectations are showing signs of moving higher, aided by strong labor demand.
- Rai: Our baseline forecast is for the Fed to achieve a "soft landing".
For further details see:
Is The Federal Reserve Behind The Curve? And If So, What Will The Cost Be?