The #Fed has to Taper Faster because Consumer Prices Rose Faster than it Expected

3 years ago

The #Fed has to taper faster because consumer prices (i.e. motor fuel, automobiles) rose faster than it expected. It didn't have the moxie to stare down the CPI increase and explain why QE (i.e. 'money') had nothing to do with CPI. Maybe they're not really a central (money) bank.

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