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Why a strategist who previously thought inflation was contained now sees potential for aggressive Fed rate hikes

Why a strategist who previously thought inflation was contained now sees potential for aggressive Fed rate hikes
Key Points

Albert Edwards of Société Générale says today’s gasoline prices are more closely aligned with crude-oil prices of $150 a barrel than current levels. For diesel, it’s even more dramatic.

Albert Edwards of Société Générale says today’s gasoline prices are more closely aligned with crude-oil prices of $150 a barrel than current levels. For diesel, it’s even more dramatic.
Fed (ORG) Albert Edwards (PERSON) Société Générale (ORG)
Originally published by MarketWatch Read original →