The FT's Scott Minerd dissects recent "Fedspeak" to find the rhetoric tipping toward the old...

|By:, SA News Editor

The FT's Scott Minerd dissects recent "Fedspeak" to find the rhetoric tipping toward the old Phillips Curve tradeoff between inflation and the unemployment rate. Minerd's take: FOMC member Charles Evans and a few of his cohorts have a healthy appetite for inflation risk that could lead to QE3 - not to mention even QE4 or QE5 down the road.