JUL 12, 2017
ORIGINAL SOURCE: The Fed And Inflation: Caught Between A Rock And A Hard Place by Michael Lewitt of forbes.com on 7/11/17
Inflation is the rate at which the prices for goods and services is rising and as a consequent the purchasing power of paper currency is falling. Central banks attempt to tame inflation, and deathly avoid deflation.
"I expect the Fed to raise rates one more time in 2017 as it tries to give itself as much running room as possible to react to a recession."
Please read the rest here; The Fed And Inflation: Caught Between A Rock And A Hard Place