Bottom line, I don’t think that the increases in healthcare and education have anything to do with the Fed, even though they are blamed for all of the problems in the world.
A rising inflation rate will also cause issues with other assets, as higher interest rates will lead to lower prices for stocks (P/E’s will decline) and bonds (interest rates will go up and bond prices will go down).
The beauty of a good asset allocation strategy is that you don’t have to predict anything .
