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#1223 Jeff Weniger On State Of The 2023 Macro Economy
The Pomp Podcast
The Psychology of Money Market Rates
"It's the psychology of it. And I think what happened or is happening, we'll have to see with the banks," he says. "What was the difference between yesterday when it went from 380 to 390? It goes from 390 to 4." The Fed takes money market rates up to 1%. You know, it's 1% of it, but you don't really notice".
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