OK, Let's Review, Too Much Demand and Not Enough Supply...
OK, say it doing your best Dr. Phil impersonation:
"We have high energy prices because we waaant high energy prices!"
"We have high energy prices because we waaant high energy prices!"
posted by Donny Baseball at 5:21 PM
2 Comments:
So what do you think would happen to monetary policy and the stock market if the core PCE rises above 2.5% and toward 3%?
Monetary policy would tighten, stocks would react badly short term and eventually get over it b/c the market would much rather not see inflation...
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