HomeMarketsU.S. Economy & JobsFed Needs to Shift Focus on Inflation & Rate Cuts

Fed Needs to Shift Focus on Inflation & Rate Cuts

Campbell Harvey says consumers have grown satisfied with GDP growth under 3% when the U.S. should aim higher. He believes inflationary issues can reignite if the Fed focuses too much on year-over-year data as investors await a key jobs report later this week. Campbell also looks at the balance between bonds and yields to discuss the role they should play in deciding future rate cuts.

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30 Oct 2024

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