The "Money Illusion" Keeps the Economy Hot | Juliette Declercq
Forward Guidance
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The Fed's Predictions for 2019
Inflation and growth will be robust. That gives a lot of room for the Fed to tighten monetary conditions without causing recession. I don't know exactly how many hikes are hiked in for the terminal rate, you know, somewhere between seven, seven and eight. But do you think that they will get that high? And also,you know, how many do you think they will get to in 2022? And if you think that, may I ask why, because, You know, the Fed can hike, as you just said, they have a lot of Room. Why won't they take advantage of that?
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