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FOMC members will be highly focused on Wednesday's July month-over-month inflation change to assess the feasibility of achieving the 2% inflation target without further policy tightening; the new Federal Reserve Chair has previously expressed disinterest in such high-frequency data-driven frameworks.
svmuu.com11/08/2026 13:38
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X platform commentator Nick Timiraos noted that more Federal Reserve Federal Open Market Committee (FOMC) members have indicated they will closely monitor the next few price level readings to determine if their forecast of bringing inflation down to 2% without further policy tightening holds up. However, the new Federal Reserve Chair had previously expressed little interest in a framework that bases policy-sensitive forecast revisions on high-frequency data.
Source：X@NickTimiraos · Source Link
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