Macropolicy Perspectives' Coronado Previews Fed's Decision

The transcript discusses the Federal Reserve's current stance on inflation and economic risks, highlighting the balance between not doing enough to curb inflation and the risk of causing a hard economic landing. It explores the potential for future rate hikes, emphasizing the Fed's data-dependent approach and the need for more information. The challenges of reaching inflation targets are discussed, with a focus on economic resilience and the Fed's forecast. Finally, the possibility of revisiting inflation goals is considered, with a potential shift in strategy if economic conditions stabilize.

What is the significance of the phrase 'soft landing' in the context of the Fed's mandate?

What does the text suggest about the Fed's future rate hikes?

What factors are contributing to the core inflation remaining high?