With inflation hitting a 40-year high and gas breaking $5 a gallon, all eyes are on the Fed ahead of Wednesday’s Federal Open Market Committee (FOMC) meeting.
According to Drew Matus, chief market strategist at MetLife Investment Management, the Fed addressing inflation isn't a matter of "if" but rather to what extent for investors.
“The real question right now is: What’s going to be the cost of handling the inflation story?” Matus said on Yahoo Finance Live (video above). "I think more and more people are beginning to realize that it might come with significant economic cost."
Yaseen Shah | Yahoo Finance