Higher Rates Won’t Quell This Kind of Inflation: BlackRock
'Central banks should live with supply-driven inflation, rather than destroy demand and economic activity – provided inflation expectations remain anchored,' write Elga Bartsch and Nicholas Fawcett of BlackRock's Macro...
Is the Fed Put Gone Forever?
'The Fed has turned hawkish belatedly due to a policy error on inflation. But it will have to back off as asset prices decline, yield curve approaches inversion—a telltale...