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This framework offers many reasons why the last mile of disinflation could be the hardest, validating the Fed’s caution on rate cuts. The expectations-augmented Phillips curve has been the ...
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Powell may have a hard time avoiding Trump's 'Too Late' label even as Fed chief does the right thingThey want to wait to make sure that they won't make a mistake, and by the time they do that ... Powell has his own particular history of being late, with the Fed reluctant to hike when inflation ...
That raises the possibility that the Fed could even reverse course and hike interest rates, which could put it on a collision course with Trump. “Borrowers shouldn’t bank on the Fed being in ...
The first distortion, as the Fed noted in its policy statement ... And ongoing trade negotiations make the outlook hard to peg too. "For the time being, we're well-positioned to wait for greater ...
Powell may have a hard time avoiding Trump's ‘Too Late' label even as Fed chief does the right thing
They want to wait to make sure that they won't make a mistake, and by the time they do that ... Powell has his own particular history of being late, with the Fed reluctant to hike when inflation ...
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