"Inflation Weakness Is Temporary"

Tim Duy:

“Inflation Weakness Is Temporary,” by Tim Duy: Federal Reserve Chair Janet Yellen made clear two things this week. First, that her and her colleagues are somewhat confounded by the inflation data. And second, that confusion does not yet deter them from their plan for gradual rate hikes. December is still on. ...Continued in newsletter form here...

“Inflation Weakness Is Temporary,” by Tim Duy: Federal Reserve Chair Janet Yellen made clear two things this week. First, that her and her colleagues are somewhat confounded by the inflation data. And second, that confusion does not yet deter them from their plan for gradual rate hikes. December is still on. ...Continued in newsletter form here...