2min chapter

The Compound and Friends cover image

Bearish but Priced In

The Compound and Friends

CHAPTER

The Fed's Slow Response to Inflation

The Fed waited too long to normalize policy after COVID right. The risk is that when you're dealing with lagging indicators inflation employment and you go really fast, but don't they know that? You know the Fed had you think they know it they have to make it's never there's no good option I know in the in the Fed's eyes they would Defend their slow response.

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