The Case for Raising Rates in June

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U.S. monetary policy makers today are wrongly arguing that there is little cause for concern about inflation risk. Their arguments focus on unreliable indicators from the recent past, and they are myopic in their focus on short-term rather than medium term inflation. What are the causes for concern about medium-term […]

Vía Forbes Real Time http://onforb.es/1HGTGWh