“Is US Monetary Policy Struggling to Catch Up with Inflationary Pressures” Brian Pellegrini, Intertemporal Economics

David Osman of the IRF is joined by Brian Pellegrini, the founder of Intertemporal Economics, which is based in New York. ----more----Central banks around the world face difficult choices with respect to the trade-off between employment and inflation, none more so than the US Federal Reserve. Monetary policy is becoming less accommodative, but how tight will it become? In this podcast, Brian Pellegrini discusses the outlook for US monetary policy before and after the mid-term congressional elections in November. With US interest rates soon to be back on a rising trend, Brian focusses on the potential changes in the shape of the yield curve and the prospect that the Fed will pursue a policy of yield curve control in the government bond market. He also assesses the outlook for the US dollar and the implications for international investors.