- Fed policy is restrictive but it may still take time to bring inflation down
The comments from Daly (and others) lately might as well say ‘we have no idea what’s going on, we’re data watching like the rest of you’. There is a huge amount of money to be made by who figures out first if we’re in a low-inflation or sticky-inflation regime.
This article was written by Adam Button at www.forexlive.com. Source