GMO’s Grantham: Fed Is Erring on Highest Inflation Since 1990

Investors’ faith in the Federal Reserve has become so unshakable that not even the highest inflation in three decades is enough to cause a sell-off in assets, according to Jeremy Grantham. the value-investing giant and co-founder of Boston-based asset manager GMO. He spoke with David Westin on Bloomberg Television’s “Wall Street Week.”
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