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Startling statement reveals far worse danger than just a recession.

Eurodollar University

00:00

The Fed's Forecast for a Mild Recession

A mild recession is now the base case for the Federal Reserve, which is just moving it closer and closer to what the markets are saying. The Fed's meeting minutes actually tell us they're thinking in the same way, except right now, officials and econometric models are only planning for this being some potential downside case. We'll get to all that in just a minute, but first, I'm Jeff from your Rodeo University.

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