Powell Hits Pause…For Now
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Russ Never Sleeps
The Fed may be able to somehow normalize rates back down in the absence of a catastrophe, right? But I just don't know that that's something that's possible. So now we're at 525, let's get back down to 3 1 1 2 3, and we'll do it very gradually. Everything's going to be smooth. We're going to be like care bears on the clouds.
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