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The Bank Crisis Is "Overblown" | Joseph Wang
Forward Guidance
Is the Fed Going to Hike?
I think that we went through the great financial crisis, right? It's a banking crisis. So now whenever someone sees a bank going, going bust, they have flashbacks. And I think that's what this is. If you look at the market today, you will see a very big change in how the market is pricing Fed expectations. The underlying real economy inflation dynamics, in my view, are not really affected by this.
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