Fed, Waller and Inflation
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15hon MSN
We believe inflation is likely to surprise to the downside, says Morgan Stanley's Matthew Hornbach
Matthew Hornbach, Morgan Stanley global head of macro strategy, joins 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, impact of tariffs, rate path outlook, and more.
High prices have turned Americans against the economy, and they’re starting to unleash real consequences for Washington and the financial markets.
Federal Reserve Chairman Kevin Warsh, in a closely watched speech Friday, said inflation is running too high and should be the focus for the central bank, while laying out a strong assessment of the economy for the first time.
"By contrast, those who own homes will likely keep pace with inflation and will actually benefit from having locked-in low mortgage rates. Those with large mortgages stand to gain
History judges Fed chairs on inflation above almost everything else, and a count of months that Kevin Warsh keeps reciting in speeches has started drawing an uncomfortable comparison between Jerome Powell and the Fed chair nobody wants to be remembered as.
Consumer and wholesale prices are rising at the fastest rate in three years due to the Iran war Higher prices have forced Americans to be more choosy about what they buy. The surge in gasoline prices tied to the Iran war is set to drive U.S. inflation to a ...
Donald Trump may have declared, “I love inflation,” but for regular families, inflation is perhaps their worst enemy.