What is Holding Back the Fed, and What Will Determine When They Act?

Former Global Chief Economist for JPMorgan Chase, (Ph.D. in Economics) & Current BrightQuery Chief Economist

Analysts and investors typically use two popular methods to predict when the Federal Reserve will begin an easing cycle. The first tracks the movements in proxy variables for the Fed’s dual mandates: seeking sufficient employment growth and stable inflation growth. The second approach tracks the statements made by Fed talking heads for clues on when the…