It’s often said that the Fed is “data-dependent” in its interest rate decision-making process. This phrase undoubtedly frustrates advisors and retail investors alike. The near-term outlook for data dependency is potentially confusing to many ordinary investors because while the May jobs report was surprisingly sturdy, manufacturing data is slack and inflation remains stubbornly high. What [...] The post Examining the Fed’s Data Dependency With Richard Bernstein Advisors appeared first on ETF Trends .