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#398 w/Allison Schrager - "The Horrible, No Good Economy: A Primer”

The Fifth Column

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Is the Fed Really Going to Rake Rates?

I think the Fed is probably going to at least in the next round, not raise rates. What they're going to do going forward is a big question based on every asset prices. It's easy to say that one, unemployment is 3.5% and you're not having a potential financial crisis. So this is going to be the final, like the first big test of their credibility.

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