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Interest Rates

Inflation: Is It FINALLY Here?

by Editorial Staff
Updated: April 23, 2021

Inflation is a funny thing. For well over a decade, the U.S. Federal Reserve Bank, the "gatekeeper" of inflation, has been trying to bring inflation rate to its target rate of 2%.

They failed. Despite billions and billions of "new money" pouring into the economy since the Great Recession, inflation stubbornly stayed low. Too low, for the Fed's taste.

But what about now, after the COVID-19 pandemic relief efforts have cost U.S. taxpayers an estimated $6,000,000,000,000? (Is that enough zeros for "trillion"?)

Watch our Interest Rates Pro Serviceeditor Jordan Kotick show you what the bond market suggests next.

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