1min chapter

Odd Lots cover image

Where Things Stand Now With Inflation and the Fed

Odd Lots

CHAPTER

What Did We Learn From Powell?

The main thing that we really learned from Powell is that they are very much committed to this idea that they need to hold rates at a restrictive level for an extended period of time. And then we also know that they're closing in on what they think that level is. What this seems to be coming down to is causing, you know, deliberately causing something that looks very much like a recession.

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