Pain. Or The Avoidance Thereof

Pain. Or The Avoidance Thereof

Virtually no one that I'm aware of believes the Delta variant or associated weakness in US economic indicators will do much to alter the Fed's generalized predisposition towards tightening policy. Before anyone laughs, note that by "predisposition towards tightening policy" all I mean is that officials do intend to at least start the taper at some point and nobody has yet to suggest the onset will be permanently forestalled by adverse developments tied to "the strain," as it were. The Bloomber
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One thought on “Pain. Or The Avoidance Thereof

  1. That last sentence made me laugh. Almost no one in this country can “protect themselves” from CPI inflation, even if a warning were shouted by Powell from a rooftop instead of buried in his personal holdings.

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