The Fed made two cardinal policy mistakes in just two years
1) Calling inflation transitory
2) Prematurely pivoting in Dec 2023Now they turned to higher for longer again.
How after that can anybody trust any word the US central bank say ?👇t.co/2MH7pQEezy
— Global Markets Investor (@GlobalMktObserv) May 27, 2024
Debt refinancing looming in 2025, Fed’s policy missteps fuel anxiety.
