Jim Bruce On Future Fed Policy… Fed Rate Not Rising Next Year
By way of the show Boom-Bust, we have an interview with Jim Bruce on the future of Fed Policy. (interview starts at 14:40) He does not see the Fed rate lifting off next year. He does not see easy Fed policy avoiding an economic downturn. He says Fed has been unable to generate inflation at the CPI level.
I agree with everything he had to say.
Disclosure: None
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