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Wait, Inflation Is Going To Start RISING Again This Summer? | Jim Bianco

Wealthion - Be Financially Resilient

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The Fed's Unanimous Votes and the Economic Decision

The pause looks like it was more of a political decision to continue to have these unanimous votes than it was any kind of an economic decision. When you're a Fed governor, you are appointed by the president and you are approved by the Senate and your boss is the American people. You are there to represent them. But somehow Fed governors have fallen into this trap that their boss is Jay Powell. And they're there to make sure that they helped to support their boss. I think the Fed thinks it's a strength and I think it's actually a weakness of the organization.

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