Wyatt: Stagflation is Fed’s ‘Deep Fear’, Will Hesitate to Cut
Schwab Network · Schwab Network
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Show Notes
Ian Wyatt expects the Fed to wait to move, arguing “stagflation is their deep fear.” He discusses consumer behavior, noting a jump in auto sales. However, he thinks the tick up could be pulled forward demand due to tariff threats. “The OEMs are certainly worried about passing on prices,” he says, as it remains unclear how much of the tariff costs will be passed to consumers. “Buyers do not want to touch anything China or government related,” he adds.
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