Fed’s Schmid: Some concerning trends in prices, underneath the whole energy story

  • Didn’t think rate was restrictive last year, believe it’s fairly accommodative today
  • Could argue housing is going through an interesting dynamic, but elsewhere can’t find any restrictions
  • Inflation is top of mind

Suddenly everyone is a hawk but no one voted to hike at the end of October.

This article was written by Adam Button at investinglive.com.

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