FOMC day- certainly skewed toward a less dovish outcome: the longer it takes to get to Fed's inflation target, the longer it takes for the Fed to cut, the interest payments will obviously be higher which in turn would continue to expand the deficit & resultant fiscal impulse as well as inflation.
The March towards the FED!
The March towards the FED!
The March towards the FED!
FOMC day- certainly skewed toward a less dovish outcome: the longer it takes to get to Fed's inflation target, the longer it takes for the Fed to cut, the interest payments will obviously be higher which in turn would continue to expand the deficit & resultant fiscal impulse as well as inflation.