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3min chapter
Why the Fed Might Want You to Lose Your Job
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Introduction
The Fed plans to get rates up to 5% plus this year, according to their recent summary of economic projections. This will be the terminal rate, the point at which they stop their hiking journey. Kyla: The big question for 2023 is how the Fed approaches this hiking path? Will they incorporate switchbacks into their climb or will they just straight up rip the side of the mountain?
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode