Why follow Fed forecasts when they don't even listen to themselves?
tigergao.substack.com
We now have a reactive, not preemptive Fed. They won't act based on forecasts, so if I believe inflation is coming, I should have every reason to trust my own forecast and not the Fed's script...
Why follow Fed forecasts when they don't even listen to themselves?
Why follow Fed forecasts when they don't even…
Why follow Fed forecasts when they don't even listen to themselves?
We now have a reactive, not preemptive Fed. They won't act based on forecasts, so if I believe inflation is coming, I should have every reason to trust my own forecast and not the Fed's script...