- I'll be watching housing
- It's hard to know what the timing is of cuts but my forecast is 'well into 2024'
- I'm not forecasting a recession
- Bringing demand down is what we're trying to do
- We see a global outlook that poses risks to the US
- We continue to see persistence around inflation that is going to require our attention
- If the buffer in pent up savings is spent out, it will be harder for us to get inflation under control
George is leaving the KC Fed at the end of the month.
