I do think with the arrival of the tariff inflation, further progress may be delayed.
It is not permitted under the law for the president to fire or demote him or any of the other Fed governors with leaders...
I wouldn’t say we’re in a situation that’s remotely comparable to that is likely.
the Fed's understandably cautious stance also opens the door for the Committee to be late to the party
It’s a pretty good economy.
They’re unhappy and they’re not wrong to be unhappy that prices went up quite a bit and they’re paying a lot for those t...
And I completely understand and accept that.
Clearly some of it, a good part of it, is coming from tariffs.
Progress is probably delayed for the time being.