The Fed’s favorite sport:
Watching inflation fall — and doing absolutely nothing.
CPI: 3.0% YoY 📉
Core: 3.0%
MoM still soft
Markets: “Cut rates?”
Powell: “Let’s observe”
CPI: 3.0% YoY 📉
Core: 3.0%
MoM still soft
Markets: “Cut rates?”
Powell: “Let’s observe”