2min chapter

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#1186 Darius Dale on Bitcoin Rally, Interest Rates, Inflation, & Banking Crisis

The Pomp Podcast

CHAPTER

The Fed's Response to Asset Markets Telling It to Do Things

The Fed's very inflation target is 2%. And I think it's going to be 2% for quite a while until we get that employment rate high enough. We're talking about levels that are going closer to three as opposed to below two. Until we get to that point, it's very likely that this is a federal reserve that has to sort of sit on its hands.

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