Fed: Hawkish – Bonds: Dovish – Equities: Schizophrenic
- Sunday, December 19, 2021, 7:15
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We expect economic growth to slow in 2022 with China leading the way, Europe struggling, and the U.S. not far behind. In the U.S., headline inflation will be falling, but “core” inflation, led by energy prices will be more stubborn than initially thought. This may prove problematic for the Fed.
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