Minutes after the Fed released its unanimous decision to hike interest rates by 25 bps in September, John Lonski points to "unfazed" consumers amid higher energy prices as the fulcrum tilting the FOMC toward its decision. He explains how the Fed can balance a still-strong consumer even as prices on goods across the U.S. climb. John touches on wording from the Fed on a "timelier" return to 2% inflation as a sign its focus remains on one side of the dual mandate.
The Watch List
16 Sep 2026
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