Fed Hikes? Maybe Not

Fed policymakers are signaling possible rate hikes despite stubborn inflation, but economist Greg Daco argues that monetary tightening won’t fix supply-driven price pressures like energy costs and AI-related bottlenecks. With real incomes stagnant and the economy fragile, Daco predicts the Fed will hold rates steady — even as inflation remains above target — warning that further hikes could harm growth without solving root causes. Wall Street braces for more rate moves, but Daco’s view suggests a prolonged high-rate environment may loom, weighing on growth stocks and consumer spending. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2ba9fdb49d585bd0