MacroVoices #371 Larry McDonald: Fed Will Be Forced To Cut By The End Of The Year
Macro Voices
00:00
The Fed's Dynamic on Inflation
If the economy turns, which we think it's going to, we could see the Federal Reserve in yield curve control, QE by the fourth quarter. What would that mean if we're trying to fight inflation and we're forced into a situation like that? The way I look at the dollar is that if the Fed is cutting rates, right, we're doing QE and the rest of the world is improving, that sets up for a much weaker dynamic.
Play episode from 06:00
Transcript
