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Skanda Amarnath & Michael Gayed: Unraveling the Fiscal Policy-Inflation-Asset Prices Nexus

Lead-Lag Live

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The Role of the Federal Reserve in Reacting to Data

The Federal Reserve has shifted from being anticipatory to more reactionary. CPI releases have obviously moved markets and have a much more meaningful manner in the last 15 months than they had previously. So whatever the Fed's thinking is somewhat like a kind of reality of its own because you have to set risk-free rates.

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