“Our assumption is that the updraft in commodity prices will diminish into mid-year, and base effects will finally allow an emerging downtrend in the year-over-year inflation metrics,” Englund told CoinDesk in an email. “This should diminish pressure on the Fed to address inflation, and should allow for quarter-point hikes at just every other meeting, leaving five hikes for 2022 overall (in March, May, June, September and December).”
Fed’s Powell Set to Remove Punch Bowl That Lubricated Crypto Party
