WARSH: IMPORTANT TO GAUGE EFFECTS OF HIGH GROWTH EXPECTATIONS FOR CAP-EX, CORPORATE EARNINGS INFLATION EXPECTATIONS TEND TO LOOK DURABLE UNTIL THEY DON'T; MUST BE CLOSELY MINDED FED'S 2% PCE TARGET IS FIRM AND FIXED; IT IS FED’S JOB TO DELIVER STABLE PRICES
August 28, 2026 1.9K
