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#1049 Darius Dale On How The Fed Is Losing The War With Inflation

The Pomp Podcast

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Inflation on a Year Over Year Rate of Change Basis

Inflation continues to move away from the feds target on pushing us into a direction of more and more of tightening. Core inflation re accelerating to, youknow, wheewe ad on six point o seven point seven % on a three month annualized basis. That is o forty year high for that particular time series. When you start to look at this, we saw the federal reserve in november and december talk tough. They claim tht they're going to do quantitative tightening and start selling acets off their balance sheet. While they're doing that, an intr traits are going up. And does this mean in july, we're just getting big boy rat hike now?

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