◀ The Principal Blog

Posts tagged ‘FOMC’

Inflation: Is there Something Strange Happening Here?

The March Federal Open Market Committee (FOMC) meeting had a decidedly dovish tone. The expected interest rate path was cut, with the FOMC expecting to raise the fed funds rate twice this year as compared to four times in December. The median forecasts for GDP and headline inflation (including food…

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Inflation: So When Exactly is Transitory?

Inflation has been running at very low levels all year long as lower energy prices keep working their way through the economy. Headline personal consumption expenditure (PCE) inflation, a measure of the total inflation within an economy, including commodities such as food and energy prices, which…

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