Lyrics (Verse 1) Here we are, in the boardroom light The Fed’s holding tight, trying to do what’s right Inflation’s stubborn, creeping high in the sky But the job market’s wobbled — hard not to ask why On the IS-LM, demand feels weak Investment slows, and consumption’s on a streak But on FE, full employment’s slipping away Should we ease now, or wait? That’s what they say (Pre-Chorus) Divided voices echo down the hall Some say “cut rates now,” while others stall It’s a balancing act, a daring dance Between inflation’s fire and the labor market’s chance (Chorus) Tightrope at the Fed, we’re walking on a wire Do we lower rates now, or hold off ‘til things get higher? Tightrope at the Fed, the risk is in the air One wrong move — and the economy might not repair (Verse 2) AD is shifting, aggregate demand’s in flux With soft consumer spending, business hesitates to trust SRAS is sticky, supply’s not free Costs rising, tariffs biting — that’s the agony On the dual mandate, we can’t just choose one Fight inflation, but don’t let jobs come undone The Fed’s seeing data, but it’s hazy at best Shutdowns and delays, indicators are stressed (Pre-Chorus) Minutes whisper secrets, some want to hold Others lean toward easing, though the story’s not sold They weigh the future — growth or price stability Caught between a hope for soft landing and a harsh reality (Chorus) Tightrope at the Fed, we’re walking on a wire Do we lower rates now, or hold off ‘til things get higher? Tightrope at the Fed, the risk is in the air One wrong move — and the economy might not repair (Bridge) If we cut now, maybe we save some jobs But inflation might roar — like broken knobs If we wait it out, prices might cool But unemployment could spike, that’s no golden rule It’s not just a rate — it’s a message sent To markets, to businesses, to every cent Neutral’s the target, but where is that line? Will they act now, or bide their time? (Chorus — Variation) Tightrope at the Fed, balancing act so fine Lower now and risk the flame, hold off if we cross the line Tightrope at the Fed, every heartbeat counts They’re feeling out the future — amid all these doubts (Outro) Here we stand, at the edge of change One step too far — or perfectly arranged Tightrope at the Fed, under watchful eyes May they choose with wisdom, before the next sunrise