Its too early yet to know weather the next crisis will be deflationary or inflationary. But very interesting that the Fed is so optimistic despite the fact that they can't hit their inflation targets. That is if you believe their "core inflation."
RE: Economist: Inflation in 2018
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Economist: Inflation in 2018
I'm more worried about them normalizing policy to quickly thus triggering an increase in interest and borrowing costs. I think that's where the next economic recession will come from plus, let's face it, the Fed always does this shit! :)
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