/biz/ - Business & Finance

>>30363645
For months and months, the MSM / Fed presidents have said publicly
>there's no inflation!
>don't worry about inflation, it isn't there
within the last month, the narrative has changed completely to where the MSM / Fed is now saying "be concerned about higher inflation"
The shift in narrative has been very dramatic
>he didn't announce either YCC
For sure, that was part of it - but higher inflation expectations was also part of it
>It doesn't depend on what JPow says on TV.
It does. It's called forward guidance.
https://www.federalreserve.gov/faqs/what-is-forward-guidance-how-is-it-used-in-the-federal-reserve-monetary-policy.htm