March 07, 2021 at 04:10 PM
The stock market is adapting to a new macro situation, wherein the leading perception is that the U.S. economy is recovering from the COVID pandemic. The Federal Reserve continues to downplay the inflationary side effect of its policies as its own
Beige Book is full of anecdotal evidence of its existence. Specifically, the Fed s ongoing diary of the economy has multiple examples and comments documenting the fact that there are inflationary pressures building in a number of supply chains for producers and businesses. There is also building statistical evidence which shows that inflation continues to build in the housing market and the