December 04, 2024 at 06:53PM
Feel very good about where monetary policy is
US economy is in remarkably good shape
The same institutional relationships between Fed and Treasury will continue under new admin
Part of the Fed’s independence is that it’s self funded
Economy in good shape and no reason that can’t continue
On a path to more-neutral rates over time, though downside risks are less than thought, Fed can afford to be catious in finding neutral
Growth is stronger than we thought in Sept and inflation has “come in a little higher”
We can afford to be cautious in finding neutral
This article was written by Adam Button at www.forexlive.com.
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