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Will The Fed Get Their Soft Landing? | Jeff Snider & Bob Elliott

Forward Guidance

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Is There a Biblical Level of Rate Cuts?

Yield curve inversion typically precedes recessions, but timing is ambiguous. The only time you saw anywhere close to this level of inversion was the middle part of 2007. It's not saying... There's 8 rate cuts or 8... What it's saying is balance of probability, there is a tremendous probability that rates are going lower beginning at some point this year.

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