Meridian Daily News

The Fed’s High-Stakes Poker: Why the 'Waiting Game' is Getting Dangerous

By Evelyn Hartwell · 7 min read

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The air in Washington usually turns heavy this time of year, but the humidity isn't the only thing stifling the capital’s power players.

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It's a tense moment for anyone with skin in the game.

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To understand where we’re going, we have to look at where we’ve been stuck.

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This isn't just a US problem.

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This week’s outlook hinges on whether the Fed believes the recent dip in consumer confidence is a temporary blip or the start of a structural slide.

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For a long time, the Fed could point to the 'red hot' labor market as a shield.

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