Global Macro Matters: Getting Inside the Fed's Head

The threat of recession is real as the global economy remains at a critical juncture. In the U.S. and Europe, inflation is at a multidecade high. Since the start of the year, the Federal Reserve has raised its policy rate multiple times, by 50 to 75 basis points per meeting. Will the Fed be successful in getting inflation back to target and delivering a softish landing? The answer will hinge on three key policy drivers.