Me and the Money Printer

Me and the Money Printer

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Me and the Money Printer
Me and the Money Printer
Takeaways from the Fed
The Capital Wave Report

Takeaways from the Fed

I needed to digest this for a little bit (and have dinner). There are some issues ahead, and if the Fed were to start easing again, that'd be a serious economic problem.

Garrett Baldwin's avatar
Garrett Baldwin
Mar 19, 2025
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Me and the Money Printer
Me and the Money Printer
Takeaways from the Fed
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Dear Reader:

The Fed didn’t cut rates today. But that’s not a surprise.

Let’s get to the key points from the Fed’s release today…

  1. The Economy is “Strong,” but Inflation is Still a Concern
    The Fed says that economic activity is solid, and the job market is stable, with low unemployment. (I dunno about that - give the economic conditions in the chart below, but they’re trying to be optimistic…)

    However, inflation is still above the Fed’s 2% target.

    While growth continues, the Fed remains cautious about rising prices and how they could impact future policy decisions.

  2. Interest Rates Hold Steady, But Policy Could Change

    The Fed kept its benchmark interest rate unchanged at 4.25%–4.50%. Future rate decisions will depend on economic data, inflation trends, and financial risks. The Fed remains flexible and may adjust rates if new risks emerge. (Not a lot of people noticed, but investors are betting on rates hitting 2% in late 2026… that would be ugly for this economy.)

  3. Balance Sheet Reduction is Sl…

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