With no-show inflation, what does the Fed do next?

Mitchell Hartman Apr 29, 2019
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The US Federal Reserve building is seen on August 9, 2011 in Washington, DC. Karen Bleier/AFP/Getty Images

With no-show inflation, what does the Fed do next?

Mitchell Hartman Apr 29, 2019
The US Federal Reserve building is seen on August 9, 2011 in Washington, DC. Karen Bleier/AFP/Getty Images
HTML EMBED:
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We got some significant economic numbers this morning — especially significant in light of the meeting, tomorrow and Wednesday, of the Federal Reserve’s Open Market Committee. The Bureau of Economic Analysis reported spending in March was way up and income inched higher. But it’s the inflation number that probably matters most, at this juncture, for Fed interest rate policy and economic growth.

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