The FED Behind The Curve

Only the FED seems to believe that it is not behind the curve. But the latest macroeconomic statistics suggest they should raise rates faster.

Apr 2022

Multi-Asset

Fast, Faster, Fastest Rates

With the FED's official objectives of both price stability and maximum employment, the latest round of macro data has economists questioning FED rhetoric.

On the one side, US March 2022 headline inflation came in at 8.5%, whilst unemployment is projected to reach 3% by year end, a level not seen since the 1950's.

So should the FED be raising rates faster? And if so, why aren't they?

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