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.
Create a free account and join Club EWI. We’ve helped over ½ million traders and investors learn to use Elliott waves. You get:
- Full access to Elliott Wave Principle — Key to Market Behavior
- Exclusive articles and interviews with our analysts
- Invitations to access our premium analysis
by LiveHelpNow!