Cointime reports: Renaissance Macro Research analyst Neil Dutta said the Federal Reserve was late in tackling inflation and investors still underestimate how hawkish the central bank may need to be. Writing on November 12, Dutta said inflation is a lagging indicator and monetary policy transmission is delayed. With Fed Governor Christopher Waller as a gauge of FOMC sentiment, he flagged over-tightening as the main risk looking toward 2027.
Analyst Warns Fed Risks Over-Tightening in Fight Against Inflation
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