6min chapter

Forward Guidance cover image

Fed Will Hike Rates Into Economic Train Wreck | Danielle DiMartino Booth

Forward Guidance

CHAPTER

The Fed's Control Over the Real Economy

We have a glut in the semiconductors that are used to make cars. Now we have too much supply and too little demand chasing it. That's disinflationary by definition. The price to rent an Airbnb is down by more than any county in the country in Monroe County where the Poconos is in Pennsylvania down 52% year over year.

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