Raoul Pal on the Impact Theory Show
Raoul Pal: Real Vision
00:00
Is the Fed Coming in Behind the Curve?
Yield curve had already started pricing in lots of Fed hikes. The cost of money needed to go up to offset the inflation, and the Federal Reserve hadn't raised it yet. So they're now busy trying to do meet the expectations of the market. It's probably too late because we've probably already slowed down the economy anyway.
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