Hawkish Path Of The Fed: Curb Inflation By Destroying Demand

<p>Juan Pablo says the hawkish path of the Fed and other main central banks is now to curb inflationary pressures by destroying demand. The policy mistake is failure to grasp risk of sustained inflation, which he notes we're seeing reflected in the equity market. Pablo also notes China remains a wild card, while there are more implications for emerging markets and commodities. </p><p><br></p>