Lately there is lots of talks about rising yields, mainly on the 10y bonds, however isn't it so that Fed mainly looks at core inflation rate (CPI). Looking at the graph in the link below it seems current CPI is only 1.41% which is even lower than the 1,62% a month ago so CPI even going lower, not rising.
Here the link: https://ycharts.com/indicators/us_core_inflation_rate
Since Fed has a CPI target of 2% and already said it will allow CPI to go above that by using averages of past years, what exactly is the problem as CPI is far enough below 2% and even going down.
Submitted February 22, 2021 at 11:55PM by ThinkBigger01 https://ift.tt/2ZI451e
