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Fed Chair Powell Says Goodbye To Era Of Easy Money | Jim Bianco & Joseph Wang
Forward Guidance
The Fed Needs to Be Aggressive
I think that the Fed needs to be aggressive. There really wasn't a lot of questions about growth in the economy, the outlook for jobs. It seems like the pivot, if you will, I'm going to use that word, is complete. To the point that he said that there are 50 basis points for the next few meetings, I don't think we're going to see another 25 basis point hike.
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