FOMC Minutes - 2025-12-29

Light dawns on Olympus: "...a number of participants noted that structural factors such as technological progress and higher productivity growth, possibly reflecting increasing use of AI, could boost economic growth without generating price pressures and could also damp job creation." Or maybe they've just been watching our videos. Never fear, this one sentence of blinding clarity is unique in a sea of confusing and confused explanations and objectives. The reality is: this Fed is just making it up as they go along. A couple missing government data releases has made it so they can barely do even that.