“Stagflation is now a growing reality and the 'flation' part ties the hands of the Fed to react with more easing,” Peter Boockvar, equity strategist at Miller Tabak, wrote in a note. “As many of us believe, though, the more easing has added to the 'flation' so maybe less will tame it.” | “Stagflation is now a growing reality and the 'flation' part ties the hands of the Fed to react with more easing,” Peter Boockvar, equity strategist at Miller Tabak, wrote in a note. “As many of us believe, though, the more easing has added to the 'flation' so maybe less will tame it.” |