Online Public Relations Thoughts

The Federal Reserve is facing an unknown -- inflation.  Will it continue to rise or will it fall back as the economy once again reaches full employment?  The reputation of the governors will rest on getting it right.  They are watching the economy closely but it isn't cooperating with mixed signals the order of the day.  There isn't much historical precedence to consult.  The shock to the nation of the COVID pandemic hadn't happened since the 1918 flu epidemic.  Times were different then and the economy not yet as complicated as it is now.  But, the future of the nation rests on their decisions over the next year and the stock market is watching.  It already slumped with the announcement that the Fed is considering a modest increase in rates next year.  The Fed is communicating more to the public but emphasizing unknowns.  That satisfies no one but uncertainty is all we have.