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The Fed's Lagging Indicators
The Central Bank in Europe has just been acting in slow motion this whole time, right? They were still at negative rates in July while there was double digit inflation and they then raise rates to be what if I remember correctly? The question is how lagging are all these indicators that the feds looking at and when does it catch up? And when it does catch up, does that mean that's it? We're already in our session because we have this like a steep drop off in productivity.