Inflation

As the 119th Congress convenes, the House Budget Committee is considering several policies to cut federal spending by more than $5 trillion. One reported proposal is a potential site-neutral Medicare payment reform that is estimated to save Medicare $146 billion over ten years. The details on how House Republicans plan

If there’s one takeaway from this meeting, it’s that the Committee wants to position themselves much more cautiously on the inflation outlook, but the Fed is just a couple of bad labor market prints from having to put more cuts back on the table.