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Are the Feds Going to Overshoot?
Tracy: One thing that clearly comes through in the conversation is just the extent of neil's um change from dove to hawk. Tracy: With that very aggressive stance comes the question of, are they going to overshoot? And i know we asked neil the question about policy lags, and that seems to be possibly problematic for the fed. tracy: Also interesting was his response on the global economy and the impact of the dollar.