Why the Fed’s Latest Move Will Cause Runaway Inflation

Pundits of every stripe thought the Federal Reserve was out of ammunition to keep the economy afloat while the world battles the coronavirus. However, over this past weekend the Fed pulled out all the stops. All that's left to throw at the economy is the kitchen sink. Wall Street liked what it saw. At first. Stocks bounced up on the news before sinking into the red by yesterday's close. But there's an even bigger problem... Tags: The Fed To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why the Fed’s Latest Move Will Cause Runaway Inflation appeared first on Money Morning - We Make Investing Profitable .