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Unusual Whales Pod Ep 17: First FOMC of 2023, Powell and disinflation, and the January 25 bps rate hike with experts

Unusual Whales

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Is the Fed Just Presuming Hawkishness?

bob: The Fed is less trying to find financial conditions that will lower inflation and lower growth. They're more now trying to find the terminal rate that keeps things balanced, he says. Bob: Not a pivot yet but it's talking about pivoting instead of where before they were talking about talking about pivoted do you know what i mean yeah kind of kind of like a wink wink nudge note so given this 25 bps i just want to comment on thatIt's kind of important to realize the drop to 50 was misinterpreted by many as the first step towards a less hawkish policy however not a single member of the fomc expects rate cuts in 2023now after today bob

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