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Why This New Macro Cycle Will Break the Fed's Playbook w/ Jim Bianco

The Milk Road Show

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Implications of Rate Cuts and Monetary Policy

This chapter examines the proposed rate cuts by a former president, arguing for a careful consideration of the U.S. fiscal situation. It critiques the misunderstanding of monetary policy's independence from fiscal issues, while analyzing interest rates and recent trends in European yields amidst concerns over potential market reactions.

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