Inflation Is So Sticky, Leaving The Fed Few Choices

US consumer confidence unexpectedly improved in May, after deteriorating for three consecutive months. Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank tells us if this will force the hand of the Fed to keep rates higher for much longer than expected and what this means for currencies including Emerging Markets.Image Credit: Shutterstock.comSee omnystudio.com/listener for privacy information.