Behind The Markets Podcast: James Bullard
Behind the Markets Podcast
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The Fed's Tight Talk and the Markets' Tightening
The slowdown in money growth is a positive factor, if you're trying to get inflation down. It hasn't been tightly tied to PC inflation so it's hard to say that that's a tight correlation. But nevertheless, I think it's a factor that suggests that we've got the right kind of policy that will bring inflation lower.
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