Conor Sen says the Fed appears to be chasing a best-case outcome: get inflation back to 2% without damaging stocks, the labor market or AI capital spending. He

Conor Sen says the Fed appears to be chasing a best-case outcome: get inflation back to 2% without damaging stocks, the labor market or AI capital spending. He says a modest rate rise could deliver “immaculate disinflation,” but the path is uncertain.