Inflation and interest rates: Breaking down the Fed’s calendar problem
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#federalreserve #youtube #yahoofinance The Federal Reserve has a calendar/data problem. Fed officials will meet for the next FOMC meeting from May 2-3 to discuss another possible rate hike. Fed Chair Jerome Powell has consistently said the Board will make these decisions by examining various economic data points. But this meeting poses a unique challenge: the data available to the Fed will mostly be from March, not April. Tiffany Wilding, PIMCO Managing Director and Economist, joins Yahoo Finance’s Seana Smith and Jared Blikre to discuss the limited data the Fed has around the bank crisis, “…I think the issue here is that there’s still a lot of uncertainty around how the […]