Fed Chair Powell Says Goodbye To Era Of Easy Money | Jim Bianco & Joseph Wang
Forward Guidance
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The Future of Inflation
Last month's inflation was 8.5 percent for US CPI. We're going to get April's reading next week. What is your outlook? Are we close to getting a peak inflation? I know you've been doing a lot of work on the rental car prices and the housing. How quickly is this going to moderate, if at all? Well, I think there's two aspects to that. One is inflation going to peak. And you can make a credible case if it hasn't already in March within the next two or three months, we might see peak inflation.
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