AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
6min chapter
The Fed Will Break Inflation's Back, No Matter What | Teddy Vallee
The Macro Trading Floor
Is the Reaction Function to Inflation Going to Be Far Too Late?
Teddy: I was of the view, coming into tpa last, oh, it was two weeks ago, that he was going to say, ok, let's get above neutral. But now they've sent out basically the whole team to be like, luok, we're going to keep going till we see persistent month on month decline. By the time that c p y fades back to their level, it's going to be in a multiple of months from now, which its gong to be far too late for them to make an adjustment or pivot. So they're probablygong to be i hol i higher for longer, which altemately makes the foll growth profiles
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode