Fed Expectations & Car Talk With Michael Broderick, CEO of Monro
RiskReversal Pod
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Slowing Growth Edges Out Inflation as Top Concern
The Wall Street Journal this morning, there was a headline that caught my eye slowing growth edges out inflation as top concern. I think that all of us can get our arms around the fact that 40-year high readings in inflation are topping out. All the fiscal monetary stimulus, the shooting war in Europe, what's happened to supply chains with China and zero COVID. So again, we're probably on the other side of some of the worst aspects of that,. But we do have a scenario where the Fed has routinely indicated that they are going to leave rates higher for longer until they see inflation get back down towards those low single digits a little bit.
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