Fed Targeting >2% Inflation and A Steepening Yield Curve
Chris Temple joins me today to address a Wall street Journal article and comments from the NY Fed’s John Williams regarding inflation. The article stated the the Fed would be willing (and even happy) to see inflation run over 2% to even out the recent past of less than 2% inflation. We discuss if this is even possible and how much this signifies the recent change in fed policy. We also look at the flat yield curve with the 10/2 spread remaining in the mid-teens.
Click here to sign up for Chris’s webinar starting tomorrow at 8pm ET.