- There are some measures in the economy that historically don’t pretend well including rise in delinquencies
- Level of delinquencies however doesn’t look that different to pre-Covid
- I believe banks have adequate capital
- We don’t want to be late on policy, we are forward-looking.
- There is nothing about elections or the stock market in the Fed’s mandate
This article was written by Greg Michalowski at www.forexlive.com. Source