Does the Fed's Framework Still Work? w/ Dennis Lockhart
Real Vision: Finance & Investing
The Fed Rate Hikes Have Hit the Economy Already
I'm excited to have you because I feel like Fed policy is front and center. We've really been dominated by inflation readings, including today's University of Michigan sentiment index. Some of those inflation expectations are climbing when you look out over five years. How much of the Fed rate hikes do you think have hit the economy already? Have we seen the effects of those hikes? Or are we still operating with a lag?
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