Is The Fed Being Too Dismissive Of Inflation Risk?

This week’s price action has been all about that reflation trade. The Fed continues to communicate a message that is both supportive of stocks and bearish the US Dollar.

This week’s price action has been all about that reflation trade. The Fed continues to communicate a message that is both supportive of stocks and bearish the US Dollar. And so, stocks are tracking just off recent record highs and the US Dollar is making multi-month lows against many currencies.

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