Current Inflation Outlook and Central Bank Strategy

There is a prevailing optimism regarding the state of inflation, with many analysts suggesting that the crisis has subsided. Compared to previous discussions, there is significantly less anxiety surrounding potential spikes in inflation, indicating a shift in perception within economic circles. The Federal Reserve is anticipated to commence its easing cycle, yet uncertainties remain regarding the specifics of this process, including its pace and potential impact on the labor market. This evolving scenario underscores the focus on immediate economic conditions rather than long-term forecasts.