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What are the Politics of a Fed Pivot? | Nick Timiraos

Hidden Forces

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Is There Something Going on in the Economy?

How much of this is driven by the fact that they themselves have lost confidence in their ability to forecast inflation? The fact that they're continuing to tighten, right? Because I think you also said Evans was saying that we should get to a place where, look, we should not be roiled by a few additional inflationary prints. And everyone that works with the Fed knows that employment inflation are lagging indicators.

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