Wednesday, January 27, 2021

Feds left the rates unchanged ...

with a commitment to buy $120B of securities on monthly basis.

Fed is more concerned about deflation than inflation; so, taper tantrum not coming anytime soon ..!

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you don't need to be a PhD in economics ...

to solve an economic problem ... & there are 100s of PhD working at Federal Reserves forecasting an inflation in future due to tariffs ....