<ul><li>The high inflation environment came on pretty quickly</li><li>Sees some positive developments in inflation</li><li>Supply chain issues is still an inflation factor</li><li>Seeing some improvement in chips</li><li>Demand is still stronger than limited supply that we see now</li><li>Fed is geared toward getting demand more in line with supply</li><li>We should see improvements inflation of the next 6 months but we still need to see them</li><li>We are at a modestly restrictive stance for monetary policy and moving more in the restrictive direction so that the Fed can sit and see the impact</li><li>I am expecting to see supply improvements to help bring down inflation</li></ul>
This article was written by Greg Michalowski at forexlive.com.
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