Kitco News, Released on 1/25/21
The inflation rate is likely going to grow faster than the Federal Reserve’s target of 2% this year, and there are already signs from asset prices and commodity prices rising, said Steve Hanke, professor of applied economics at Johns Hopkins University.
0:00 – Money supply is still increasing
6:10 – Higher GDP and inflation expectations
9:40 – Monetary policy response
15:00 – Inflation protection
17:00 – Crude oil