Past Bursts of Inflation to Keep Fed Cautious
Wall Street Journal
Experience with flare-ups of inflation could keep the Federal Reserve from cutting interest rates as fast as markets are pricing, says Mark J. Higgins, a financial historian and senior vice president at Index Fund Advisors.
https://www.wsj.com/articles/past-bursts-of-inflation-to-keep-fed-cautious-3281c2fc