The Financial Outlook for Personal Investors: The dilemma facing the Fed & Bank of England
The Financial Outlook for Personal Investors
Russ Mould, Investment Director of A J Bell, looks at the rather limited policy options facing the US Federal Reserve and, for similar reasons, the Bank of England. With federal debt mushrooming in 40 years from $1 trilion to $28 trillion and inflation showing signs of returning, what are the Fed's options? Are they right to consider the spike in inflation temporary? What if they are wrong and we return to an inflationary environment after so long with minimal interest rates?