The Fed May Be Two Meetings Away From a Policy Mistake
July 25, 2024 at 08:36 AM EDT
The US inflation rate, which had surged to over 9% two years ago, is now around 3%. Based on current trends, it should settle at 2.5%-3%, a range that most economists would deem consistent with financial stability, including a firm anchoring of inflationary expectations. This good news would … Source