Fed May Have to Raise Rates Faster to Keep Up With Inflation
Even if the Fed holds off in December, the pace of future rate hikes may have to rise due to the inflationary nature of many of Trump’s policy proposals.
Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. One of the things on investors' minds on this day after Trump's victory is what's going to happen to the Federal Reserve and monetary policy. I'm here with Bob Johnson, our director of economic analysis, for his take.
Bob, thanks for joining me.