Over the past year we have seen a great deal of inflation. The Fed has acted in a very hawkish manner to fight inflation by increasing interest rates. Which of the following results have we already seen and should expect to see more of in the future? A. A decrease in both bond and stock prices. B. A possible devaluation of the dollar. C. An decrease in the balance of payments deficit. D. A steeper upward sloped Yield Curve..