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Hawks declare more rate hikes, history and another market say not for long.

Eurodollar University

00:00

Is the Federal Funds Rate Really Restrictive?

"The Fed actually doesn't really do money. And if you don't do money, how can you evaluate monetary policy? But it's more than just evaluating monetary policy," he says. "We're told that a rising rate represents restrictive policy and who tells us that?"

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