
Taming inflation?
The Sound of Economics
00:00
Is the Inflation Permanent or Durable?
The Fed has stopped talking about fan chart, so there's no probabilities in the forecast any more. I still believe that inflation is transitory, and i think the fed really does at its core as well. But transitory could last another year, maybe two years. The feds only managed to generate a soft landings cycle in three previous recessions. Every other rate hiking cycle on record has ended up in a recession. It won't be different for the e cenaria.
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