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Hoenig: Upcoming Data Will Be Deciding Factor for Fed

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Aug 10th, 2026 Hoenig: Upcoming Data Will Be Deciding Factor for Fed Thomas Hoenig, Distinguished Senior Fellow at the Mercatus Center, discussed the Federal Reserve's current stance amid recent economic data. He emphasized that the Fed is maintaining a cautious, wait-and-see attitude as it awaits upcoming inflation reports, including CPI and PPI data, which will be critical for shaping future policy decisions. He speaks with David Gura & Isabelle Lee on "The Close."

Aug 10th, 2026 Hoenig: Upcoming Data Will Be Deciding Factor for Fed Thomas Hoenig, Distinguished Senior Fellow at the Mercatus Center, discussed the Federal Reserve's current stance amid recent economic data. He emphasized that the Fed is maintaining a cautious, wait-and-see attitude as it awaits upcoming inflation reports, including CPI and PPI data, which will be critical for shaping future policy decisions. He speaks with David Gura & Isabelle Lee on "The Close."
Thomas Hoenig (PERSON) the Mercatus Center (LOCATION) the Federal Reserve's (ORG) Fed (ORG) David Gura & (ORG) Isabelle Lee (PERSON)
Originally published by Bloomberg Markets Read original →