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“Nightmare Scenario” For The Fed | Felix Jauvin
Forward Guidance
Commodity Prices in a Recession
Timothy Stanley: Can you explain the time horizon for commodities pricing in a recession? It seems like if you believe in deflation over at least over the short term, commodities kind of have to go down, right? He says as we see CPI bottom out, see commodities might already start to rise. Stanley: I think core CPI, especially because of goods and services, will add to a significant component of month-of-a-month deflation.
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