New Overnight Developments Abroad - Daily Update
Escalating Fear of a U.S. and Global Inflation
March 10, 2023
The subordination of U.S. monetary policy to an automatic formula tied to money growth in the early 1980’s was a politically effective way to put the economy in a deep recession and finally set inflation on a downward course. Nothing that drastic has been done yet, but investors are increasingly convinced that price stability can […] More
