Coin World News reports that Brian Jacobsen, Chief Economist at Annex Wealth Management, stated that the real "main event" lies in the economic forecast summary. They are merely speculating on what will happen to oil prices, but expect inflation to rise by 0.3 percentage points with no substantial drag on growth. This forecast may be overly optimistic. This is similar to how they previously overestimated the impact of tariffs on inflation while underestimating the drag on economic growth. 2026 may be like the past two years, experiencing shocks, eventually catching them off guard, and then cutting rates in September.
Coin World News reports that Brian Jacobsen, Chief Economist at Annex Wealth Management, stated that the real "main event" lies in the economic forecast summary. They are merely speculating on what will happen to oil prices, but expect inflation to rise by 0.3 percentage points with no substantial drag on growth. This forecast may be overly optimistic. This is similar to how they previously overestimated the impact of tariffs on inflation while underestimating the drag on economic growth. 2026 may be like the past two years, experiencing shocks, eventually catching them off guard, and then cutting rates in September.