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Will The Fed Get Their Soft Landing? | Jeff Snider & Bob Elliott
Forward Guidance
Rates and the Economy Never Stay Red Hot
The Fed was just starting its aggressive rate hikes in June. Even those who believe rate hikes are effective will tell you that they aren't effective without a lag and usually a substantial lag. So to me, and I think to the market, which is why we're getting into these big inversions, it's not really about rate hikes. The rate hike question again is only when the Federal Reserve finally realizes the situation for what it is.
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