We’ve reached a point in the economic cycle where unanchored inflation expectations pose a greater downside risk than over-tightening.
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We’ve reached a point in the economic cycle where unanchored inflation expectations pose a greater downside risk than over-tightening. We heard more of this from Jerome Powell and company on Wednesday and as a consequence, we saw more downside pressure on stocks and demand for the US Dollar.
Video Length: 00:01:03
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