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MacroVoices #407 Jim Bianco: Jay Powell’s “word salad”, FOMC Mood Swings, Interest Rate Outlook, Crypto & More
Macro Voices
Are Market Rates Topping?
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This chapter discusses whether market rates have reached their peak. The speaker shares their personal view as a market analyst and discusses signs of resiliency in the economy. They also express their fear of increased spending and stickier inflation, predicting that interest rates will eventually move back into the range of nominal GDP growth.
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