The Fed Isn't Sure About The Economy Anymore
2025-07-31 08:45:41 ET
With inflation inching up in June and possible support to the US economy from the One Big Beautiful Bill Act [OBBBA], I had recently ruled out the possibility of the Fed sounding dovish in its next Federal Open Markets Committee (FOMC) statement (see section "More reason for unchanged policy rates" of this link) ....
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