US Is Seeing Lift Off in Inflation in Goods, Says Economist Torsten Slok

Is firing the Fed chair, a stagflation shock. Well, so stagflation charges, by definition that inflation will go up and GDP growth will go down. But if you fire the pitcher, as we saw yesterday, the dollar will likely go down.And at the same time, loan rates will be going up and the dollar going down is certainly inflationary, but rates going up is, of course, holding back growth. So firing the Fed chair will probably mainly mean a decline in the dollar and an increase in loan rates. Let's talk about the sn ...