As in posts earlier this year (here’s a link to the previous one), I interpret the outlook in the FOMC’s latest Summary of Economic Projections (SEP) through the lens of a simple macroeconomic mode…| John Roberts Macroeconomics
If inflation comes down more quickly than the Fed currently anticipates, the Fed would likely cut interest rates sooner—sooner, for example, than in their most-recent economic projections, when the…| John Roberts Macroeconomics