From the @wsj article, “Why Is the Federal Reserve Always Surprised by Inflation? The central bank owes the public an explanation—and a serious effort to correct its flawed model.” #economy #markets #centralbanks #econtwitter #federalreserve pic.twitter.com/9pXVdePJAr

Recommended reading for anyone wishing for the Fed to cut rates. americanliterature.com/author/w-w-jacobs/short-story/the-monkeys-paw#google_vignette

Hawkish Fed repricing extends: Traders push back the timing of the 1st Fed rate cut to Nov/Dec after hotter than expected Q1 Core PCE. pic.twitter.com/nhO5k5ZOvn

❖ "NO RATE CUTS BY THE FEDERAL RESERVE UNTIL 2025? The CEO of one of the world's largest independent financial advisory and asset management organizations is warning that there's a legitimate risk of no US interest rate cuts by the Federal Reserve this year. "This data…