Macro Commentary on Inflation Bounce Back and Fed Outlook

about 1 month ago

"So I think what we'll see is inflation will bounce back in the next couple of prints. The economy will start to pick up again, in which case the Fed's probably going to be on hold for much of the beginning of next year. So again, so with the Fed, I mean, if you look at so you don't think the Fed's going to look at these numbers and say we've got inflation. I sure hope not. You should, because you think that data in the next couple of months could, in fact, show a little bit more inflation in the economy."

The speaker expects inflation to rebound in the near term, which may prompt the Fed to maintain its current policy stance at the start of next year. They caution that despite current data irregularities, upcoming prints could reveal a clearer inflationary trend.