- It’s going to take a while before we get clarity on tariff impact.
- Suppliers are emboldened, say they will have to pass on higher prices.
- Consumers are frustrated, exhausted, and tired of paying high prices
- Not convinced higher prices will be passed on, or that there won’t be inflation.
- To cut rates unique confidence on inflation.
- Higher the inflation numbers, the less likely you’ll see that.
- 1970s stagflation was characterized by out of whack inflation expectations. Not seeing that now.
- Data right now is okay there is a risk on the employment side..
- This is not a time for me to say how many rate cuts I have penciled in for this year.
- I am nervous about inflation and about employment.
- I’m in no hurry on rate cuts.
- Let’s wait and see how it plays out, as Fed chair says.
- Balance sheet runoff could be slower, for longer.
This article was written by Greg Michalowski at www.forexlive.com.
