Jay Powell, Munis, And ETFs (Podcast)
Bloomberg Intelligence
00:00
The Fed's Recession Is Not the Worst Thing in the World
There's no pivot were we are resolute. We're going to continue to push higher rates, and we're going to keep them there for a long time. The whole point of the fed tightening is you want to atch supply and demand. And that really hasn't happened so far. You're still getting huge jobs, job gains and and income gains. If that gets us to lower inflation, so be it.
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