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The Exchange 7/5/23

The Exchange

00:00

The Fed's Next Move

The Fed's forecast for two more hikes, suggests they don't necessarily believe it. Randy Krosner: The unemployment rate is below where they think the long run average is. He says that's still consistent with their other broad mandate to maximize employment growth. And man, inflation has not been low and it's not been stable,. So they're really missing so much on one of the two goals that they need to make that the priority.

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