U.S. Monetary Policy Faces Unusual Period Amid Fed's Data-Driven Approach

Richard Flynn, Managing Director of Charles Schwab UK, highlighted in a report that the Federal Reserve is likely to maintain its data-driven approach until May 2026, unless there is a significant shift in inflation or labor market dynamics. According to ChainCatcher, Flynn noted that this period is unusual for U.S. monetary policy, as the tension between monetary independence and fiscal authority brings the Fed's institutional credibility into sharper focus.