Nothing jumps out from the latest Hilsenrath story. It says the Fed will wait-and-see.
The Fed’s plans hinge on economic growth picking up, super-low inflation returning to 2% and hiring staying strong. But the Fed would rethink its timetable if the economy doesn’t deliver on these expectations.
He looks at four questions the Fed is trying to answer:
- Is Job Growth Sustainable?
- Is the Jobless Rate Overstating the Labor Market’s Health?
- Will Inflation Return to Target?
- Is More Fiscal Chaos Coming?
Vanilla stuff.