Macro Strategy Insights

The Fed, Iran, Oil, and AI

There is so much to cover. I think this will be one of the first FOMC meetings where I will be stuck on a plane, which is an unfortunate bit of scheduling on my part. The Fed Today is one of the more “unique” Fed meetings we’ve had. The last press conference highlighted some contentious issues – chiefly Powell not stepping down until the probe was dropped. The probe has been stopped, presumably allowing Powell to step down and clear a path for Warsh. Though, he might be looking for more reassurance that a new probe doesn’t commence once he ... The Fed, Iran, Oil, and AI

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