Attention Economy


Monday, October 14, 2024

The Problem with a Data-Dependent Fed

The Fed Has a Dependency Problem That Needs Fixing
https://www.wsj.com/economy/central-banking/the-fed-has-a-dependency-problem-that-needs-fixing-cae15c12
U.S. central bank must kill its ‘data dependency’ policy—and get investors thinking about the bigger picture
 
My take from Sept 2023:
‘Overly data-dependent’ — how the Fed and the markets keep getting it wrong by VIVEKANAND JAYAKUMAR, The Hill - 09/07/23 
https://thehill.com/opinion/finance/4189467-overly-data-dependent-how-the-fed-and-the-markets-keep-getting-it-wrong/