Ferguson: Stagflation is a clear and present danger for the Fed
Youtube·2025-09-12 19:49
Roger, we saw CPI. It came in in line, though it was the biggest month-over-month increase since January. But then we also got jobless claims, much higher than expected.Did that pretty much cement that Fed rate cut next week, or do you still think there are any questions at all. >> No, I think the rate cut next week is pretty much cemented. I think the question is how's the Fed going to communicate that it's staring at the most complex situation known as stagflation risk to both sides of the so-called dual ...