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Felix Zulauf: The Fed Is Making A Policy Error

The Macro Trading Floor

CHAPTER

Is the Labor Market Red Hot?

Powell and there is basically in the press conference sounded a bit like Guys, please stop pissing in the wind because it's gonna come back to your face. Powell thinks that an employment rate is gonna go not 50 by the hundred basis point Above the last 12 months low. But I understand why They they create this forecast mix because it's just so much easier not to forecast the recession Yeah, bank Bank of England forecasted a recession was it already at the August meeting? And I think that's the reason why they sound like a dog that hadn't had any food for days every time they step on the scene,. So they really struggle Arguing in favor of right-hives since

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