Easy Money (2): U.S. Inflation Now at 4% – How Fed Dismisses the Signs
In “Easy Money (1): Fed Touts Flawed/Risky Rationale,” we discussed the Federal Reserve Open Market Committee’s (FOMC’s) weak rationale for easy money.
Today, we’ll cover how the FOMC dismisses clear signs of 4% inflation.
This article is posted on SeekingAlpha.com.