The Federal Reserve is in an unenviable position:
⬅️ On one hand, high inflation refuses to retreat, and on the other hand, the economy is slowing down as if it's dragging its feet slowly.
• Tariffs have entered the fray to increase the ambiguity and open the door to a major debate: Are they just a temporary wave of prices or a long-term shock threatening stability?
⬅️ The markets are in a state of extreme anticipation, and everyone is awaiting Powell's words in Jackson Hole… the speech that may outline the upcoming path for interest rates and the U.S. economy