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China Rate Cuts and Jamie Dimon’s Warning - FED 108

Bitcoin Magazine Podcast

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Powell, Is There a 50 % Chance of a Hard Recession?

Powell: "I don't think he knows. 50 % chance of a hard recession or worse" He says the numbers are so distorted when you have this fiscal and monetary stimulus. Pundits say Powell's comments reflect his view that inflation will not dissipate quickly enough to bring about an economic recovery. The partisan nature of politics right now makes us feel worse, writes David Frum.

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