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The 'Monetary Truman Show' Is Over: The Fed Is No Longer In Control

By Seeking Alpha March 20, 2026 Bearish
The 'Monetary Truman Show' Is Over: The Fed Is No Longer In Control
Jerome Powell's admission of uncertainty signals a shift from predictable monetary policy to a data-driven, less model-dependent investment environment. Fed's dot plot now projects higher inflation (2.7% in 2026) and slightly stronger growth, reducing confidence in imminent rate cuts and increasing market volatility.
Jerome Powell's admission of uncertainty signals a shift from predictable monetary policy to a data-driven, less model-dependent investment environment. Fed's dot plot now projects higher inflation (2.7% in 2026) and slightly stronger growth, reducing confidence in imminent rate cuts and increasing market volatility.