UPDATE: Jones Says Fed Creating Inflation Rather Than Fighting It

(Updated - October 20, 2021 8:43 AM EDT)

Jones Says Someone More Dovish Than Powell Would be Disaster

• Jones Says Fed Creating Inflation Rather Than Fighting It
• Powell May Not be Right Person for Situation
• You Do Not Want to Own Fixed Income
• Slow and Gradual by Fed Would be Wrong Policy
• Fed Fighting Inflation Would Constrict PEs

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