Here's your summary from Goldman’s Waldron Says Fed Has to ‘Slay the Inflation Dragon’ (https://www.youtube.com/watch?v=pmFxEjyNirg) on the Bloomberg Television channel:
**TLDR:** Goldman's Waldron emphasizes the need for the Fed to address inflation to prevent a potential comeback.
1. Inflation is moderating but still sticky, with companies planning to raise prices and wages remaining stagnant.
2. The Fed's policy is working as intended, putting brakes on the economy to prevent overheating.
3. The risk of inflation resurgence is a key concern for the Fed, necessitating a careful approach to avoid a repeat of past economic challenges.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro