They will have to be forced into it. There is no voluntary rate cut and there never has been. This idea, however, is what’s being offered today in the wake of another stubborn line in the sand. Central bankers are always, always the last to figure things out. Jay Powell was still talking about inflation […]
The post Fed Inflation Target Undershot Again…But It’s Transient was originally published at The Wall Street Examiner. Follow the money!