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Did The Fed Just Back Down? | Joseph Wang & Michael Ippolito
Forward Guidance
Why Share Powell Chose to Pause on Unemployment Rates
Chair Powell spent a good amount of time unpacking his thoughts on that. He said it's about the speed, not versus the level and how we get there. But I guess you have to take Timmerhouse's analogy seriously. That's like saying if for the you bought a gym membership in January, as many people do,. And for the first three months, you don't go to the gym at all.
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