Fun to chat with @chrisrugaber.bsky.social on inflation and consumer sentiment My take: “We are witnessing a tug of war between fading concerns about inflation and dialed-up partisanship heading into the election”

The Fed sees its inflation fight as a success. Will the public eventually agree?

With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that it’s all but conquered inflation after three long years.