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Powell Vs. Everyone With Danielle DiMartino Booth

Lead-Lag Live

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Is There a Better Way Out of the Fed's Inflation Target?

I think it would be the kiss of death for the Fed to increase its inflation target at all. The more quickly we continue to onshore, the higher the level of sustained inflation that we will have to contend with as a country. I don't and bigger picture, I don't think China wants reserve currency status either. It's in everyone's interests, at least for years to come for the US Treasury to be maintained.

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