Is The Fed Looking at the Wrong Data?

This week Real Vision’s Jamie McDonald uses Refinitiv’s best-in-class data to look at a growing number of lead indicators that suggest policymakers may be behind the curve on inflation. As the Fed continues to tell us that they are “data dependent”, the growing question is whether they are looking at the right indicators. With markets becoming increasingly volatile in recent weeks, we identify some of the reasons for the growing unease amongst investors by looking at competing signals coming from the business cycle and inflation data.