Money Quote: Brian Jacobsen -- WSJ
Dow Jones2026/07/29 18:15"[I]t is folly to hike rates in the face of a supply-shock-bout of inflation...Killing the golden goose of a good labor market isn't going to bring peace to the Middle East or reverse tariffs."
- Brian Jacobsen, chief economic strategist of Annex Wealth Management, on the Fed's decision to hold rates steady
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
July 29, 2026 14:15 ET (18:15 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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