Federal Reserve

This iteration of the monitor also contains our updated view of where each member's dots are.

The Fed will hold, but will still probably not want to talk too much about 2024.

Core-Cast is our nowcasting model to track the Fed's preferred inflation gauges before and through their release date. The heatmaps below give a comprehensive view of how inflation components and themes are performing relative to what transpires when inflation is running at 2%. Most of the Personal Consumption

What steps should the Fed take to preserve the hard-earned recovery in the labor market? We present a path for the Fed in 2024.

Waller effectively put the nail in the coffin of further rate hikes with his comments this week.