More credit for recent inflation reduction should go to fiscal contraction (spending winddown), energy supply improvements (SPR drawdown, China/Iran sales), and geopolitical factors (Russia/Ukraine normalization) rather than Federal Reserve tightening, though Fed tightening has slowed the economy and provided some brake on inflation.

factualpending

Speaker

Lynn Alden

Evidence Quote

“I would give more credit to the fiscal environment as you've seen a fiscal contraction”

Source

Lyn Alden: Money Is ‘Broken’, Markets Face ‘Rerating’ Risks— David Lin
Created: 8/12/2026, 10:26:01 PM

My Notes

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