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The Fed is a real buzzkill
Episode 117
Published 3 years, 9 months ago
Description
Hopes that the Fed was going to turn dovish at the start of the year have just been crushed. Signs that inflation is cooling in the US and Europe fueled expectations that central banks were about to stop rate hikes, but that was before the release of the Fed’s minutes from its latest policy meeting. They showed officials believe higher interest rates need to stay a while longer to curb inflation. They don’t even see any rate cuts in 2023.
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