What If The Fed Cannot Tame Inflation?

„These are uncharted waters for all of us,“ said Liz Young, head of investment strategy at SoFi. „Inflation hasn’t been this excessive for the reason that 12 months I used to be born.“ The economic system will get well, she mentioned, however it is going to be a „sluggish burn.“ Markets will proceed to tumble, and prices will stay elevated for a while, she added: „I think we might need to stay there for a short while. I do not know that we’re going to bounce back out of it very quickly.“

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