Steve Hanke: ‘Threatening’ inflation is finally showing; how will the Fed respond?

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

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