Meridian Daily News

Fed's Next Move: Why the Era of 'Waiting and Seeing' is Finally Over

By Evelyn Hartwell · 6 min read

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The air inside the Eccles Building in Washington D.C.

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For the last year, the Fed has been stuck in a holding pattern.

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To understand where we’re going, we have to look at how we got into this cage.

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I covered the market chaos back then, and it felt like the world was ending every Tuesday.

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Now, we’re in the 'plateau phase.' Inflation has dropped from its 9.1% peak in June 2022 to hovering around 3%.

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The most recent jobs report was a wake-up call.

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