The Fed Has a Lot to Be Thankful For: Julia Coronado

Julia Coronado discusses the Federal Reserve's current economic outlook, highlighting a strong U.S. economy and cooling inflation indicators. She notes the Fed's focus on policy lags and Jerome Powell's hawkish stance, which reflects a consensus within the FOMC. The Fed's strategy has shifted from aggressive inflation control to a more nuanced approach, recognizing the effectiveness of their tools while maintaining a strong resolve to manage inflation.

How does the language used by the Federal Reserve reflect their current stance on inflation?

What does Julia Coronado suggest about the Federal Reserve's approach to policy lags?