The Federal Reserve’s intention to leave interest rates alone may get sidetracked. According to Wall Street forecaster James Bianco, the backdrop is conducive for an inflation comeback that would force the Fed’s hand to tighten and upset the stock market. He sees two major factors sparking inflation: A smaller economy than last year due to the coronavirus lockdowns and the impact of massive monetary and fiscal stimulus.
Source: CNBC – Bonds
Source: CNBC – Bonds
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