Inflation is now at yet another four-decade high, with the headline consumer price index surpassing (CPI) December’s reading of 7% to reach 7.5% in January, according to the latest data release from the Bureau of Labor Statistics. All eyes are now on the reaction of the Federal Reserve.
Michelle Makori, editor-in-chief of Kitco News, discussed likely responses from the world’s largest central banks, as well as the assets that will benefit most from a high inflationary environment, with Mike Lee, founder of Mike Lee Strategy, and David Nelson, chief strategist of Belpointe Asset Management LLC.
