US data on growth and inflation is not following the rate cut script...

After Wednesday's FOMC meeting, the Fed signaled that they expect to make 3 rate cuts by the end of this year, and another 3 next year....

In August 2020, the Fed officially adopted the 'Average Inflation Target'. Here's an update on the Price Level Target...

Near-term prospects for global growth continue to improve

The Fed doesn’t care that much that inflation has probably peaked; the important question is "where will it settle”?

FOMC member James Bullard makes the connection between the current inflation and the effect of major wars.

In this tightening cycle the Fed was late to start and has been playing catch up ever since. Now the market fear is that they will overdo...