Appearing on CNBC’s “Squawk on the Street,” BWC Vice Chair Rebecca Patterson breaks down the forces shaping today’s economic climate, from US economic resilience to persistent inflation pressures. She discusses the implications for Federal Reserve policy, including why markets remain focused on the potential path of interest rates. Furthermore, she examines the impact of interest rate decisions compared with balance sheet policy and what these developments could mean for the broader economy.

All views expressed by members are their own and not reflective of the views of the Bretton Woods Committee.