The Fed's got an interest rate decision to make
The Federal Open Market Committee meets later this week, and it’s pretty likely they’ll examine why tariffs didn’t drive inflation up in May. The good news? A slew of economic data coming out this week could clear things up, and help them make an interest rate decision. Also in this episode: Other central banks have June meetings on the books, domestic steel production ramps up under tariffs — but steel jobs don’t — and Halloween came early this year. Like, really early.
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