- GDP: Fed officials growing more confident in real economic growth per new SEP projections
- Inflation: Trending above 3%, broadening across goods and services — above the 2% target for 5.5 straight years
- Jobs: August payrolls came in stronger than expected; labor market appears in balance
- Global Context: Iran War energy shocks continue to fuel price pressures worldwide
The Checkup
Markets are still chewing on the Fed's first rate hike since 2023 — a...
