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Neil Dutta and Conor Sen on the Chances of a US Soft Landing
Odd Lots
Is the Fed Taking That Tact?
The Fed has said that they have an inflation target of 2%. I mean, Powell sort of hinted at maybe a longer term project to look at that. But really, it comes down to productivity. With younger people in the workforce, there's more churn in the labor markets. So what's the case for stronger productivity? Has capital spend been booming relative to hours worked? We haven't really.
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