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Ben Melkman: Expecting A U.S Dollar Decline

The Macro Trading Floor

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How to Maximize the Effect for a Given Rate Incease?

Inflation will be rolling over rat a, i think they're oing to be quite fortunate. But when i say inflations rolling over, were not going back to where we were precoved. The nine % rates that we're seen might go down. Giveen the a fiscal impulse, a turning down lower,. given clearly the higts and balance sheet reduction we'll see by 20 23. And giveen eter supply chain, maybe we go down to four % a. So in one way, because the rate of change will be on their side to save maybe it's time for a pause. but i think they will end up repeating essentially the same mistakes as they made in sevent

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