Waiting for further Rate Cuts in the US, a monetary ‘Lapse of Reason’
The Federal Reserve cut Fed. Fund rates recently by -0.25% for the first time in 2025. Harbinger of a more balanced approach, its chairman underscored the institution’s dual mandate, with an eye on keeping both inflation and unemployment in check. To support their decision, the Fed. relies on backward looking data such as CPI. To […]