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8: You can’t fight the Fed

Onward, a Fundrise Production

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The Future of Economic Growth

I'm definitely more pessimistic about US economic growth and the likelihood that we'll be able to keep growing than I certainly was six months ago. We didn't imagine that the Fed would jack up interest rates by 300 basis points in that small amount of time since we spoke. And so, you know, that combined with inflation being where it is, it's a great reminder that it will be quite different from what we anticipate six months from now.

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