Chris Conlon on the Post-COVID Inflation Surge and the Greedflation Narrative
Macro Musings with David Beckworth
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The Fed's Rapid Rate Hikes and the Economy's Resilience
David Beckworth: The economy has proven resilient despite rapid rate hikes by the Fed. He says inflation will come down and we will see that it was a combination of supply disturbances, some excess demand brought out of the system through policy tightening. Beckworth: I think things will all turn around and a greedflation will be, again, a distant memory.
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