Danielle DiMartino Booth: A Banking Panic Makes The Fed’s Job More Difficult
Forward Guidance
00:00
Introduction
Daniel DiMartino-Booth is the CEO and Chief Strategist of Quill Intelligence, a research partner of Ford Guidens. He says there was a commitment during Jay Powell's highly unfortunate transitory phase to hold rates at an artificially repressed level. But when you're watching this consumer price index, pushing double digits, any rational actor in the financial markets knows that the Fed will have to react to that and fight inflation.
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