- Future interest rate decisions will depend on the data. But if the data demands an unfavorable decision, our subjective preferences will still hold sway.
- No expectations for a monetary policy review just yet. We're comfortable as is, waiting for more data.
- Commercial real estate prices may drop even further (posing a threat to certain regional banks). And it's not just commercial properties that are at risk, because...
- The economy is slowing down. The data is telling us this.
- But rest assured, the financial system will be saved! In the Fed we trust!
Submitted May 25, 2023 at 07:21AM by bitkogan https://ift.tt/xTfr8aQ
