The Fed Pauses For The First Time In 15 Months (But Don't Call It A "Pause"!)
The Breakdown
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The Fed's Pause and Conflicting Economic Projections
This chapter explores the recent decision by the FOMC to pause rate hikes, highlighting conflicting economic projections and the possibility of a compromise between hawks and doves. It discusses concerns about potential bank crises and recession risks, as well as the Fed's shift in incentives and belief in achieving a successful soft landing.
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Transcript
