“I think inflation is sticky. I'm not saying I think inflation is going to rocket to the sky for sure, but we haven't solved it,” said Elizabeth Burton in an interview live on CNBC Closing Bell Overtime.
Elizabeth gave her view on how the US Treasury’s increase in its buyback program for Treasuries could impact markets.
"I think you'll see an inflationary move because of this, because part of the way they're going to get around this, I would imagine, is increasing the money supply. And it's already running at an 8.5% annualized rate. So it's going to go even higher.”
Watch the full interview.
