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in Economy

Fed officials seem like they have ‘no idea’ what is going on with U.S. inflation, strategist says

by Editor May 22, 2024, 10:16 pm 1.4k Views

The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023.

Valerie Plesch | Bloomberg | Getty Images

Federal Reserve officials appear to have “no idea” what is happening when it comes to the inflation picture in the U.S., according to Julian Howard, lead investment director of multi-asset solutions at GAM.

His comments come as policymakers have in recent weeks been urging patience over…

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Fed officials seem like they have ‘no idea’ what is going on with U.S. inflation, strategist says

Posted by Editor

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