USD rallies: How could new US inflation numbers guide Fed rate path?

“Even with decreasing gasoline prices in the US, prices of food have been stubborn. Unfortunately, even with high Fed rate hikes, bringing prices down takes more time than most of us would like.

“Moreover, inflationary pressures are presently global, not just in the US.” She fears that aggressive hikes will cause some highly leveraged companies to default on their debt.

Read More