Rick MacDonald
Rick MacDonald
expected fed higher maintain policy risks steady toward widely
The statement, as usual, will be important. The Fed is widely expected to maintain a steady policy stance, but is also expected to acknowledge that the risks are still toward higher inflation.
answered believes cautious data fed inflation longer luxury question recent reckoning strong taking tuesday whether
The day of reckoning is upon us. The question that will be answered Tuesday is whether the Fed believes that the recent spate of surprisingly strong inflation data indicates that they no longer have the luxury of taking a more cautious approach.
coming commodity core energy fed increases inflation months pause per prices suggest
We still think that the Fed will be comfortable with a pause at 5 per cent, but core inflation increases over the coming months will suggest that at least some of the big run-up in energy and other commodity prices is working its way through.