What the Highest Inflation in 4 Decades Means for Markets

Markets have been nervous since final week’s FOMC assembly minutes revealed the Fed was contemplating early “steadiness sheet normalization” or quantitative tightening. At yesterday’s affirmation hearings, Fed Chair Jerome Powell tried to melt the Fed’s stance on QT, saying nothing had been determined. At the moment, December inflation numbers got here in at a 39-year excessive of seven%. Discover out why markets are rebounding within the wake of the information.


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