Retiring Chicago Fed President Charles Evans says he is hopeful milder inflation data would allow for the Fed to return to raising interest rates in more traditional 25-basis-point increments beginning with its next meeting
Interview transcript here:
https://t.co/4Kn2STcmBJ
since 1970 inflation has only come down with a recession. the only time I can see that it didn't happen was in 1984-1985. so either we get a recession or a miracle to get inflation down to 2.5% by June
Pay attention. Global central bank gold reserves are back to mid-1970s levels. Some version of the 1970s could happen again (stagflation). Gold could skyrocket over $3,000 then possibly over $5,000. Bitcoin could also be used as a hedge this time around.