Investing

Investors looking to hedge inflation have their eye on this indicator

Investors looking to hedge inflation have their eye on this indicator

Federal Reserve Chairman Jerome Powell. In a recent testimony before Congress, Powell suggested that it was time to retire his now famous reference to “transitory” inflation. Having been dead wrong about the strength of inflation throughout the spring and summer and fall – insisting it was transitory despite persistently high and growing levels of inflation, far exceeding the Fed’s own forecast – the Fed chair may in fact enshrine himself as the perfect contrary indicator.

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