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What are the Politics of a Fed Pivot? | Nick Timiraos
Hidden Forces
The Fed Is Focusing on the Lessons of the 1970s
J. Powell did not grow up in the Great Depression, though J. Powell did come of age or was an adult maybe in his 30s during the 1970s. So that period was very instructive for him concerns about inflation and inflation expectations. How much do you think that factors into his, into Powell's risk reward matrix and how hawkish he's willing to be in dealing with inflation today?
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