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Prices keep rising in America, and policymakers are asking how the central bank could let this happen. Forward guidance I think overall slowed the response of the Fed to the inflation problem last year. Investors think more price increases are coming. By the Feds count of inflation expectations, prices will have risen an additional 6.8% by the summer of 2023. It turns out that the Federal Reserve might hold some of the blame. It is going to be very challenging. It has been made docHubly more challenging by the events of the last few months. We need to make sure that the central bank is on the side of everybody in the country. The big concern is that not only will we have these big increases in inflation this year, but that will lead people to expect higher increases in the future. Because if thats the case, it sort of compounds upon itself. We could be headed to stagflation. Might get better, but it might get a whole lot worse. And if it gets a whole lot worse, brace yourself fo