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As dollar woes get worse, why don't the Fed's swap lines work? Let's answer that question.

Eurodollar University

00:00

Introduction

After yesterday's Red Hot CPI report, that's pretty much all anybody wants to talk about. Yet the markets are absolutely certain, as certain as markets can be, that the Fed is going to turn around relatively soon. The list of suspects that are going to turn JPOW on the FOMC around is getting smaller and smaller. We focus in on other things that could potentially disrupt the Fed's rate hike schedule even if we can't see it now.

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