Not even the Fed knows what’s next
Progress on inflation has stalled. The Federal Reserve’s growth expectations for 2025 have faded and fewer central bank policymakers think that they’ll be able to stimulate the economy with two more interest rate cuts this year.
Progress on inflation has stalled. The Federal Reserve’s growth expectations for 2025 have faded and fewer central bank policymakers think that they’ll be able to stimulate the economy with two more interest rate cuts this year.
