Bloomberg Surveillance · Tuesday, July 14, 2026
Echoing the sentiment of taking away the 'punch bowl' when the party gets good, the current accommodative financial conditions are seen as a reason for the Fed to raise rates. Rising energy prices due to geopolitical events could also influence inflation beyond headline figures.
“Well way much? Assie Martin used to say that the Fed's jobs that take away the punch bowl when the party just starts getting good. And I would say, the party is getting really good right now. So this is, you know, the flip side of financial conditions being very accommodative, and so I think that argues for the FED raising rate raising rates a little bit.”
“You know, the CPI will get a good headline CPI this month, but that's not going to have as much weight now that the war in Iran has started back up and energy prices. Are having headed back up.”