Will the Fed Continue to Embrace a Longer-Term Hawkish Stance?
Real Vision: Finance & Investing
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Now Cast Models and Economic Growth
This chapter explores the now cast models of the Atlanta Fed and the St. Louis Fed to determine if the US economy is growing above trend. It discusses the strong growth impulse indicated by the now cast model for the third quarter and the potential need to slow the economy to combat inflation. The chapter also highlights the impact of inventory rebuilding assumptions and the consumption power of high net worth individuals.
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