We are moving towards a stagflation situation, says Komal Sri-Kumar

Investors are watching developments at the Fed closely, but they're also waiting for the Fed's preferred measure of inflation, the PCE report due on Friday. Here to talk about rates and the Fed is Kamal Sri Kumar, president of Sri Kumar Global Strategies. Sri, thank you very much for being here.Good >> to be here, Leslie. >> Um, so we were just talking earlier in the hour about kind of the muted, relatively muted response in the markets relative to just uh the historical notion of of what we're seeing play ...