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Will The Dollar’s Rise Crush Central Banks’ Plans?
Forward Guidance
The Fed's Optional 50 Basis Point Hike
Powell kept the 50 Basis point thing on the table. Now, even willing to do that, I think just shows there's a fundamental regime change in how the Fed is looking at things. The forward guidance is going to be very different simply because the Fed doesn't really know how things are going to evolve.
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