Excerpt from the Financial Times quoting DataTrek co-founder Nick Colas:
…. “No one knows with any certainty if that’s enough to quell future inflation,” said Nicholas Colas, co-founder of DataTrek Research. “Hence all the recent market volatility.” Economists expect data released on Wednesday to show US consumer prices jumped 8.1 per cent in April compared with the same month last year”….
Full article here in the Financial Times.