📉Inflation and rising prices are clouding people's outlook on an otherwise strong economy.
💰The economy is progressing strongly, with a strong labor market and solid growth.
📈The Fed aims to carefully reduce rates and avoid the zero lower bound.
🏦No major banking crisis is expected, but banks with higher exposure to toxic assets may close or merge.
💵The Fed does not expect broad-based deflation unless the economy is in a negative state.