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The Fed’s Inflation Fight Isn’t Over | Jim Bianco & Samuel Rines (Camp Kotok)

Forward Guidance

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The Fed's Long and Variable Lags

Jim Boulden: How much of the rate hikes do you think the US economy has felt? He says there's been very little pain so far. But is it coming? Is it baked in? In other words, 550 basis points of hikes, 525 means that pain is coming. It hasn't come yet, but it's coming long and variable lags," he said.

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