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June 2025 FOMC Preview
It’s just a waiting game for the inflation data to show the effect of tariffs or the labor market starts to show signs of breaking.
It’s just a waiting game for the inflation data to show the effect of tariffs or the labor market starts to show signs of breaking.
The Fed is in a very difficult position. They are dealing with an economy that is facing both a negative growth shock and an inflationary shock at the same time, and are equipped only with the blunt tool of monetary policy.
The Fed is in a very difficult position. They are dealing with an economy that is facing both a negative growth shock and an inflationary shock at the same time, and are equipped only with the blunt tool of monetary policy.
The uncertainty over tariffs put inflation targeting’s weakness on display.