Inflation in the US is lower than it was a year ago, and substantial economic weakness elsewhere is driving other central banks toward interest-rate cuts. With little empirical basis to believe that US monetary policy is not restrictive, I continue to believe that in 18 months, the US Federal Reserve will have wished that it had started cutting rates in January 2024. If I am right, the US is not headed for a soft-lan.
The threat of Trump flation and a Fed war jordantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jordantimes.com Daily Mail and Mail on Sunday newspapers.
Iran News in Brief – May 27, 2024 ncr-iran.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ncr-iran.org Daily Mail and Mail on Sunday newspapers.