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Ben Melkman: Expecting A U.S Dollar Decline

The Macro Trading Floor

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Central Banks in the Context of Higher Inflation

Ben, it seems as if the loflation scene over the past couple of decades is a thing of the past by by now. So let's talk about central banks in the context of higher inflation. What do you make of the feter reserve reaction function in thecontext of high inflation? Clearly we're in the space now of catch up, and so their front loading. You know, ixats more structural and secic.

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