Business
The two extremes of the inflation debate have markets on edge – Sydney Morning Herald
Financial markets don’t know who to back as debate rages over what is happening with inflation, highlighting how uncertain the global economic outlook is for a…
While saying that the US economy was hitting the gas, ripping and going gangbusters, and referring to the recent unexpectedly weak US jobs report and unexpectedly high inflation data, Waller argued that the factors behind the spike in inflation were temporary and that an accommodate monetary policy continued to have an important role in supporting recovery.
Hes on board with the Feds majority view that the inflationary effects of the current monetary policies, federal government fiscal stimulus…
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