Joey Politano on Fed Policy, Inflation, and the Current State of the US Economy
Macro Musings with David Beckworth
00:00
Fed Tightening
The Fed started raising rates in early 2022 and many people were like, what are you doing, Fed? You can't do this. The economy has withstood that tightening much better than I think a lot of the boomers, including myself, expected. But we'll see if long and variable lags may still come back to buy this in the rear. It's interesting to see multiple countries really raising these rates much higher.
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