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Pod 20: March FOMC, Banking Collapses, Jerome Powell, 25 bps, and the Fed Navigating Sticky Inflation

Unusual Whales

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Do You Still Think the Fed Will Cut Rates?

Bob Greene: I really am waiting to see where chair Powell says in his press conference. The expectation, of course, was 50 basis points and a higher dot plot. Now we get 25 and we have a dot plot that's the same for 2023, but ever so slightly higher for next year. So basically, as Bob mentioned, there's, there's no change. But what it really come down to is just how chair Powell characterizes what happened the past couple weeks,. And he thinks that it will influences to the path of policy.

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