Skip to about about the 40 second mark of the CNBC video below to hear Peter Boockvar, Chief Market Analyst for the Lindsey Group, talking about nascent signs of higher inflation in the latest U.S. economic data that might, someday, be noticed by somebody.
About half-way through, Boockvar talks about how inflation can increase rapidly and of the Federal Reserve’s multi-year forecast for very tame consumer prices.
One of the consequences of a more open Fed is that they publish a huge number of economic forecasts, inflation being one of them. It will surely be fun to recall this period in 2014 if, sometime in the years ahead, sharply higher inflation rates finally arrive.
