
“Get Used to 3-4% Inflation and 4-5% Interest Rates” | Jim Bianco on Fed’s June Meeting and Resilient U.S. Economy
Forward Guidance
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Analyzing Economic Data and Recession Predictions
The chapter explores the historical trend of shelter inflation, the distinction between hard and soft economic data, and predictions surrounding the continuation of economic expansion amid external factors that could potentially trigger a recession. It also delves into the impact of Federal Reserve policies, stock market performance, and sticky inflation on the economy.
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