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Can the Fed Cool Inflation Without a Recession?
Can the fed cool inflation without a recession? It's duable. But that's not table pounding that the fed by itself has the ability to produce it. I think that there's a constellation of forces that can lead to inflation coming down. The supply chains associated with the pandemic are going to ameliorate overtime. And unfortunately, we as economy have had a pretty nasty string of bad luck. Just bad luck. Stuff happen.