It Takes Two To Tame Inflation

Congress must align spending, taxes with Fed policy to avoid inflationary spiral and fiscal stagflation.

The Macro Ratio’s primary concern throughout 2022 was another policy error from the Fed. Thankfully, the Fed has now committed to the correct policy path of aggressive, consistent rate hikes. (See “Higher For Longer: Powell’s speech puts Fed on the correct path, resets market expectations.”) However, correct monetary policy alone is not sufficient to br…