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Why the Fed’s inflation push could turn from friend to foe for the market this year

JANUARY 6, 2021 | by Jeff Cox | CNBC

By Jeff Cox, includes “… ‘They’re purposely inflating a bubble and then rooting for the exact thing that pops it,’ said Peter Boockvar, chief investment officer at Bleakley Advisory Group. ‘There’s this idea that central banks are constantly in control of things. If there’s one thing that will change that, it’s the kryptonite of higher inflation.’ … Earlier in the day, Chicago Fed President Charles Evans underscored the inflation commitment, saying in a speech that ultra-easy monetary policy likely would be the rule well into the future. …”

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