Unanimous uncertainty
NAB Morning Call
00:00
The Fed's Forecast for Unemployment
There's absolutely huge variation in what the Fed Board is expecting. And then I think we know that we need to take those with a bit of a grain of salt. So, you know, essentially the story really is that economies have proved more resilient to tightening cycles. Inflation's proved more sticky than perhaps most people, including central banks expected. And so more tightening is required.
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