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Will The Fed Get Their Soft Landing? | Jeff Snider & Bob Elliott
Forward Guidance
Consumer Spending and Bank Credit
Bob Greene: I just love both of your concluding thoughts on consumer spending and bank lending. It looks to me like we've got three to six months of runway in a way that will kind of look like Goldilocks, probably transitory Goldilocks. That's what it looks like to me. And so the key question is that balance between income and income growth and savings and price increases. How you solve for each one of those different pieces will help you understand whether or not real spending demand, real economic activity, labor market tightness, et cetera, will persist.
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