Fed Pencils In Higher Economic Growth Next Year With Lower Inflation. How?

"Amateurs sit and wait for inspiration, the rest of us just get up and go to work." - Stephen King

Chart of the Day Good morning! The big takeaway from yesterday’s Federal Reserve meeting is that economic growth could be the main character in 2026, not so much what's happening to interest rates. And Chair Jerome Powell’s presser yesterday gave the strongest hint yet that higher growth could be because of AI-led productivity gains.  That’s one key reason, among a f...

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