2024-05-07 11:30:00 ET
Summary
- Comparing the three-month annualized moving average to the six- and 12-month figures highlights a marked acceleration across all US inflation measures.
- The Fed’s press conference following the policy meeting was remarkably dovish.
- So far, market concerns about loose fiscal policy have been episodic. But investors might eventually focus in a more sustained way on the issuance implications of massive fiscal deficits.
By Sonal Desai, Ph.D., Chief Investment Officer, Franklin Templeton Fixed Income ...
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On My Mind: The Fed, The Treasury And A Fistful Of Dollars