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Powell Reasserts “Tighter for Longer”

Real Vision: Finance & Investing

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Do You Think We're Going to Get a Second Wave of Inflation?

I think that it will repeat just like the 70s where it took more than one round of central bank tightening to finally tame it. I don't think they've really changed their tune even though yields have come down. It's been inflation has been receded. But if people think we're going to go back to price levels we had before this burst of inflation, they're delusional.

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