Hawkish hold? Quoting McEnroe: “You cannot be serious!”
June '24 vs Now
Nominal GDP: 6.2% vs 5.9%
UE Rate: 4.1% vs 4.2%
Core PCE: 2.8% vs 3.1%
Fed funds: 5.4% vs 3.9% 🤔
Only so many ways to say the Fed's running it hot!
New blog 👇
@CarsonResearch@RyanDetrick