Is U.S. Inflation, Public Enemy Number One?

Former JPMorgan Chase, Global Chief Economist, Ph.D. Economics

The U.S. Federal Reserve has made it clear that inflation has moved front and center into its radar screen.  That means that just as workers were beginning to enjoy some real pricing power, it will move to dampen growth in the economy to relieve upward inflation pressures. Financial markets also joined the fray as the 2-Year U.S. Treasury Yield popped …