Inflation Now Taking a Back Seat
September 07, 2024 at 10:00 AM EDT
By Kevin Flanagan, Head of Fixed Income Strategy Key Takeaways The Federal Reserve is now prioritizing labor market data over inflation in its decision-making process. Inflation remains relevant, but as long as disinflation continues, the Fed can focus more on employment. Current core inflation measures are above the Fed’s 2% target, but rate cuts are [...] The post Inflation Now Taking a Back Seat appeared first on ETF Trends .