The Pomp Letter
The Pomp Letter
Is Inflation Supply or Demand Driven?
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Is Inflation Supply or Demand Driven?
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To investors,

Consumers are experiencing a 40-year high in inflation. This has led the Federal Reserve to tighten financial conditions. The central bank continues to raise interest rates, along with a stated commitment to sell assets off their balance sheet.

But is this the right solution to pursue if they want to get inflation down?

Paul Gambles, Managin…

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