Navigating Monetary Policy Shifts and Economic Data

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Exploring the implications of the Fed's monetary policy pivot and the challenges in managing financial conditions post-shift. The chapter also touches upon recent inflation data, Chair Powell's insights, and the importance of consistent trends for policy decisions.

At the end of last year, the Chair of the US Federal Reserve hinted at cutting interest rates – staving off an expected recession. It was a welcome surprise for many people watching the markets. Five months into 2024, he’s poised to pivot again.

On today’s Big Take, host David Gura talks with Fed editor Kate Davidson and Bloomberg Economics’ Anna Wong about the Fed’s latest moves and what to expect from this week’s Federal Open Market Committee Meeting.

Further Listening: The Federal Reserve's Tricky Economic and Political Terrain, Explained

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