Fed Raises Rates to 22 Year High and Says No Recession Is Coming
The Breakdown
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Labor market, inflation, and expectations for the upcoming rate hike
An analysis of the current state of the labor market and inflation, with a focus on concerns about financial stability. The chapter also examines market expectations for the Fed's upcoming rate hike and speculation on Powell's forward guidance, as well as the possibility of a future US recession and potential rate cuts by the Fed.
Play episode from 04:25
Transcript
