February 6, 2017 Chapter 77 in the exclusive series for Dynamic Commodities- becoming a commodities…
February 6, 2017
Last week we heard from the FOMC for the first time in 2017 and while the central bank left the Fed Funds rate unchanged, they told markets that inflation will hit their 2% target which is a departure from previous statements. In my latest work for Seeking Alpha, I explain why I believe that the markets could have handled a rate hike in stride last week and why the Fed is behind the inflationary curve with its “gradual” approach.
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