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The Powell Put Won't Save Stocks | Joseph Wang

Forward Guidance

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The Fed's Control of the Euro-Dollar Rate

The euro-dollar rate as well as the long end of the US treasury curve, you know, outside of the control of the Federal Reserve. The Fed has less control about that because it's less about the path of policy. A lot of it has to do with supply and demand. If you structurally have a view of secular inflation, maybe that impacts it as well.

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