On the July FOMC: The Most Unkindest Hike of All
Powell won’t wait to see inflation at 2% to stop the hikes – but half of CPI is already deflating.
Powell won’t wait to see inflation at 2% to stop the hikes – but half of CPI is already deflating.
Powell “skipped” to get more information. It’s here. It says skip again.
If Biden can't execute a huge new forgiveness plan, expiration of COVID-era forbearance will take about half a percent out of personal consumption expenditures.