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Powell’s Last Stand | Danielle DiMartino Booth on May Fed Meeting 2024
Forward Guidance
Economic Impact of Layoffs Across Sectors
Discussion on layoffs in tech, retail, and industrial sectors like defense contractors, highlighting differences in severance packages for 2024 job cuts and the implications on jobless claims and shareholder rewards. Insight into Powell's views on policy rates, the effect of interest rates on spending and demand, and recent shifts in the perception of the neutral rate and its impact on Wall Street and various sectors.
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