The Pomp Letter
The Pomp Letter
Inflation Is Sneaking Up On The Fed Again
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Inflation Is Sneaking Up On The Fed Again

To investors,

Just as Babe Ruth stood at home plate and called his shot to centerfield, the Federal Reserve attempted to do the same thing at the beginning of 2022. The central bank said they would aggressively raise interest rates and bring inflation under control. Since then, we have seen interest rates increased more than 500 basis points, which was t…

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