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TIP539: The Banking Crisis Explained w/ Shawn O'Malley
We Study Billionaires - The Investor’s Podcast Network
The Fed's Outlook on Interest Rates
Powell was adamant on keeping rates high and a continued attempt to tamp down inflation. Powell doesn't want to be the guy who has to hike rates into the double digits because he underestimated how persistent inflation can be. At the same time though, there's just not a lot of room to hike more in a world built on debt. The more debt you have, the more sensitive you become to rates.
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