Inflation is High! But Does it Matter “How High” at this Point?

As we wrote about earlier, US CPI was 7.5% YoY vs 7.3% YoY expected and 7.0% last.  Markets know that inflation is high.  The government knows inflation is high. The Fed knows inflation in high.  The Fed has indicated that they will hike rates at the March meeting. The only question seems to be is […]

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