Are Central Bankers About To Spike The Ball At The 30-yard line (again)?
Nobody, and I mean nobody, does premature celebrations like central bankers. When it comes to their non-money monetary policies and the inflation they seek to create from them, time and again officials in every jurisdiction spike the ball at least 30 yards before they reach the endzone. Whenever one or another consumer price measure ticks up, or accelerates dramatically as [...]
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