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Surveillance: Tchir's Fed Forecast

Bloomberg Surveillance

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The R-Start Debate and the Worry Warts

If inflation is structurally higher and the Fed gives up the inflation target at 2%, then we actually are going to be in a sustainably higher rate environment for an extended period. I think that the post-pandemic period, we will all come to the realization that R-Start hasn't changed. If anything, it's incrementally lower as a result of the dislocations. We could do a co-interview here. You want Williams on? Williams on? No, we could do. Jackson Hill, I mean next month. This is serious, folks.

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