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Once is random, twice is coincidence, here's three and we have something.

Eurodollar University

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The Eurodollers and the Eurodollists of Money Theory

The Bank of England raised its benchmark repo rate by 50 basis points to 5% this week. But China is lowering their rates because they see ahead what's going on in the real economy. While these central banks are looking behind and filling in these enormous gaps of uncertainty with their own pre-existing positions, Jeff says. The Fed at least was willing to say, we're going to pause our rate hikes because of this uncertainty. And I'm going to break down this uncertainty using a DSGE model or set of DSGE model numbers showing you exactly what I mean.

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