The Grand Strategy Review Is All Messaging to the Real Economy

The fed sees us as being not smart enough to understand what the fed is doing. This whole strategy review was to just make it plain to us, arizona state university graduates, for god's sake, we're not raising inflation targets expector. We are expectations, but we're not going to be raising rates, so get out there and invest in the real economy, right? And i think that's the major point behind a lot of of the stuff going on too, is that, look, this is all messaging. As you pointed out earlier. This is all about signalling to the real economy. If if something doesn't work in monetary policy, that's an expectation sbase

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