9:37 AM New Risk for Investors: Fed Considers Jacking Up Inflation Target | |
Investors are under-estimating inflation risk. As a consequence, they are under-pricing inflation protecting assets including precious metals.
Firstly, the Fed’s preferred inflation gauges are flawed. The so-called “core” rate of consumer price inflation strips out food and energy costs. The core Personal Consumption Expenditures (PCE) index has also been criticized for underweighting housing and medical costs.
Continue reading this article here | |
|
Total comments: 0 | |