Here Come The Central Bank Empire's Hawks, Right On Cue

Jeffrey P. Snider
By Jeffrey P. Snider of Eurodollar University
Chief Investment Strategist •

Markets reacted to last week's U.S. CPI with a degree of confidence that predictably unsettled policymakers. They opened this week attempting to hawkishly walk back those conclusions - to little effect.

Person Holding Blue and Clear Ballpoint Pen

Image Source: Pexels

Markets reacted to last week's US CPI with a degree of confidence that predictably unsettled policymakers. They opened this week attempting to hawkishly walk back those conclusions - to little effect. Why so much insistence on taking such a hardline position? The same reason markets have doubted it all this time.

Also, the bonus clip at the end illustrating exactly why central bankers can never really answer the inflation question.

Video Length: 00:22:17

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