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Interest rates, inflation and “getting fit” with Brad Gerstner | E1639
This Week in Startups
The Fed's Core Mission Is to Break Inflation
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The Fed has been very clear on the risk of recession being worth like very explicit because inflation hurts everybody and recessions don't, right? You will see layoffs in certain sectors, in certain areas. And so I actually don't expect the Fed to take their foot off the gas for all of the reasons you've articulated. A higher interest rate is a buffer for the next time that you need to address policy with interest rate changes.
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