FOMC
Note: Subscribers to MacroSuite will receive our FOMC preview a week early, at the beginning of the blackout period before each FOMC meeting. What To Expect: The Fed has signaled a hold on interest rates not just in June, but throughout the summer. With risks to the inflation trajectory on
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.
Note: Subscribers to MacroSuite receive our FOMC preview at the beginning of the blackout period before each FOMC meeting. A public version of the preview will be released closer to the meeting. If you're interested in becoming a MacroSuite subscriber, please reach out to macrosuite@employamerica.org What
The Fed faces risk from multiple directions and is experiencing a high level of uncertainty. Our baseline scenario sees the hawks mostly unchanged and the doves to consolidate towards two cuts for 2025.