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Oil and stock markets diverged after the FOMC minutes. Oil higher overnight as geopolitical threats such as Kazakhstan impact A live recap of what hap
[See the full post at: Wake Up Call – The Day Ahead Jan 6, 2021]SF Daly
If we act too aggressively to offset high inflation, we won’t actually do much to solve supply chain problems
Inflation a repressive tax. I take it seriously
Even if we do a couple of interest rate increase, policy will still be accommodative
Inflation has been higher than I’m comfortable with for a long time
We’ve come to a point where it is clear inflation is rising in sectors not affected directly by Covid
We will need to raise interest rates to keep economy in balance
We need to be vigilant on data, and take measured approach on policy.
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