Inflation’s persistence, the Fed and expansionary fiscal policy
The Fed is under pressure to cut rates, but inflation is still above target — and expansionary fiscal policy could make it even stickier.
RSM’s latest analysis warns:
- Early rate cuts risk fueling inflation and weakening the dollar
- Fiscal dominance may entrench higher prices
- Market expectations matter more than ever
Leaders should keep these risks in mind as they plan for costs, pricing, and capital strategy.