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> forcing the Fed into a corner Assuming independent, the Fed responsibility of lower inflation is higher than employment. They might tolerate some inflation f
by csomar 1y ago
> forcing the Fed into a corner
Assuming independent, the Fed responsibility of lower inflation is higher than employment. They might tolerate some inflation for employment but we can only tell after the effects of tariffs kick in and we see the new inflation numbers.
- roflyear 1y agoThey're going to weigh what they think is the greatest risk overall and tackle that if they have a high-unemployment high-inflation environment. That won't mean cutting rates in all cases.