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#1049 Darius Dale On How The Fed Is Losing The War With Inflation

The Pomp Podcast

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Is the Fed's Neutral Interest Rate Really Helping Inflation?

Inflation is a lagging indicator to the broader economic cycle, and you typically see core inflationary pressures peter out last as you head into a start and and sort of middle parts of a procession. The fed might have to revise up ourexpectations of our star, and then we actually have to start speeding up the pace of tightning. We're moving in the wrong direction if we're trying to get cor c p i back on an even keel. C p i again, the medium-term growth rate could be much higher than previously thought.

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