In today’s Big Picture podcast, Jim Puplava and John Loeffler dig into a number of comments made this week by new Federal Reserve chairman Jerome Powell on the outlook for inflation, an inversion of the yield curve, and how many more rates hikes are expected this year and next.
As we’ve been saying on the show for many years now, the Fed continues to raise rates until something breaks. Well, the first signs of that are being seen and the Fed (as well as other central banks) seem intent on continuing their course. What does that mean for your investments and what areas of the market will be impacted most? Listen and find out as we look at the big picture!
Mentioned during this interview:
Fed summary of economic projections
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