Financial conditions are easy.

Maybe not in your world, especially if you are in the real estate business, but the Bloomberg financial conditions index has been “green” for the past 2+ years, coinciding with the bull market, and is actually improving. 

https://www.mauldineconomics.com/frontlinethoughts/fed-policy-as-good-as-it-gets


Asked whether he thinks monetary policy is weighing on economic activity following the hike, Warsh said that he “found it difficult to describe financial conditions as restrictive” and that most of his colleagues at the Fed agree.

Warsh said that raising rates by 0.25 percentage point had only “removed a dose of accommodation,” suggesting that officials might want to see more restrictive financial conditions, i.e. a less frothy stock market and higher bond yields.

https://englundmacro.blogspot.com/2026/09/16-september-fed-hojer-da-stiger-borsen.html


Jessica Karl Bloomberg August 17, 2026 

https://www.bloomberg.com/opinion/newsletters/2026-08-17/americans-have-more-money-europeans-better-manners

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