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Fed should beware of wishing on an R-star

US central bank risks reviving inflation if it keeps lowering the federal funds rate in pursuit of a nirvana state
World - Financial Times - October 23
Fed Beige Book continues to point to sluggish economy

Nine out of 12 districts report flat or declining activity.
Business - MarketWatch - October 23
Inflation Cooled Further in September, PCE Index Shows

Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.
Business - The New York Times - October 31
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.
Business - The New York Times - 20 hours ago
Here's what changed in the new Fed statement

This is a comparison of Thursday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.
Business - CNBC - 18 hours ago

Fed should beware of wishing on an R-star