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Will Janet Yellen Pull the Trigger? | Andy Constan
Forward Guidance
The Fed's Increasive Actions on the Wage Price Spiral
The Fed raising rates each meeting doesn't make a difference if the rates are already that high on an expectations basis. So we'll see if it's enough to cause inflation to go down. The level of risk premiums, no one knows. Even in 2023 you think you think the two and a half terminal rate is not low or not high, or you don't really have a view on it. No one else.
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