
Time To Take Profits in Tech? w/ Greg Weldon
Real Vision: Finance & Investing
00:00
The Fed's Negative Narrative on Inflation
I don't see them raising rates again. I don't see how they possibly can when inflation has come down to a level that is below the Fed funds rate. 40% of the food items and food at home are still in double digit rates every month, you know, month after month. So that's a big problem going forward in the Fed. You talk about where is restricted. Well, one of the 2018 white papers was all about our star, where is a neutral policy rate? The determinate for the US basically 50 basis points above the rate of inflation,. In this case the Fed uses PC, which is even lower than CPI would be neutral by that measure they're neutral if
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