GDP
Given that the stock market is a leading indicator … I’m leaning towards Atlanta Fed GDP forecast as having some semblance of truth … inflation is starting to hurt more and more … inflationary recession next? Worse than stagflation?
Crying Time! Atlanta Fed GDP Forecast TANKS To Near Zero (What Will The Fed Do With STAGFLATION??)
I believe you are correct. They put themselves in a box. Either inflation runs away or they tighten (will be mild by historical standards)and cause a recession.