‘This ends badly,’ Wall Street expert sounds alarm on 19% inflation risk
The post ‘This ends badly,’ Wall Street expert sounds alarm on 19% inflation risk appeared on BitcoinEthereumNews.com.
Gordon Johnson of the Wall Street analyst firm GJL Research had few words of comfort for his followers and even fewer of praise for the Federal Reserve once the February import prices data came out on March 25. Specifically, figures showed that import prices in the second month of 2026 rose by 1.3% and export prices by 1.5%, while the expected change for both was at 0.6%. Johnson took particular note of the fact that the increase covers the period before the start of the Iran war, implying dread about how the March numbers might look given the oil prices. Furthermore, the GJL Research expert extrapolated that, when annualized, the February data hints at an inflation rate between 16.8% and 19.6%. For comparison, the inflationary wave that followed the COVID-19 pandemic never crossed far above 8%, with said record being set in 2022. Additionally, the highest annual inflation the U.S. faced since 1960 was recorded at 13.5% in 1980, per the 64-year data Finbold retrieved from the Federal Reserve Bank of St. Louis (FRED) on March 26, 2026. U.S. inflation chart for the period between 1960 and 2024. Source: FRED Wall Street expert urges Fed to increase interest rates ‘now’ Elsewhere, Gordon Johnson opined that the singular remedy for the situation would be ‘hundreds of basis points of hikes,’ and emphasized urgency by stating such a move would have to be made immediately, implying the Fed should not wait for the next scheduled meeting. Perhaps even more alarmingly, the Wall Street analyst concluded that America’s central bank ‘isn’t behind the curve,’ but that it is, rather, ‘not even on the field.’ He also noted that ‘this ends badly,’ referring to both the confirmed February figures and the anticipated March numbers. 🚨BREAKING: Feb. import prices +1.3% (vs. est. +0.6%). Export prices…
Filed under: News - @ March 26, 2026 11:28 am