With the summer coming to a close, Fed officials will head to Jackson Hole for their annual symposium. Financial conditions have loosened lately despite the forceful rate increases, which is counterproductive for the central bank. If they push back, that could spell trouble for risk assets but good news for the dollar. Fed summer camp […]
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For Federal Reserve policymakers, the Iran War creates a familiar but uncomfortable dilemma: inflation risks driven by energy shocks at the same time economic growth may be weakening. If oil prices remain elevated and supply Read more…