Keeping up with the news as the Federal Reserve sets monetary policy. A solid description of the speech "Powell’s high-stakes bet: More jobs but only mild inflation" and some risks. In addition, you can read about potential impact of inflation on the bond markets, "Bond Market’s Inflation Bulls Get Powell Go-Ahead to Double Down".
It appears that the Fed expects inflation to be higher than 2% for part of the year but be anchored in average around 2%. They have tools to help cool the economy if needed. Watch the video for yourself.....
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