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Fed Chair Powell Says Goodbye To Era Of Easy Money | Jim Bianco & Joseph Wang
Forward Guidance
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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