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The "Money Illusion" Keeps the Economy Hot | Juliette Declercq

Forward Guidance

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The Fed's Reflationary View on Commodity Prices

Julia, commodity price inflation has just been front and center since fall of 2020. A lot of analysts expect it to not continue. What's your outlook on commodity prices? How is that informed by your reflationary view? And then you know how high do you think things could get with a lot of these commodities that Russia produces maybe will no longer be able to enter Europe?

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