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Keyword: garykaltbaum

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  • Fox Business Contributor Gary Kaltbaum Rips Fed on Inflation: ‘I Don’t Think They Get It’

    06/17/2021 8:29:26 AM PDT · by JV3MRC · 16 replies
    NewsBusters ^ | 6/17/2021 | Joseph Vazquez
    A Fox Business contributor wasn’t having it with the money printing-obsessed Federal Reserve raising its inflation target and moving up expectations for an interest rate hike only in 2023. Kaltbaum Capital Management owner and president Gary Kaltbaum tore into the Fed for its money-grows-on-trees behavior. Kaltbaum stated during the June 16 edition of Making Money with Charles Payne: “We’ve been hearing for years their inflation target of 2 percent, and now it's 3.6 [percent]. And last I looked, we’re in June of 2021, and they’re talking about what they’re going to do in 2023.” He did not let up: “I...