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Past Peak Hawkishness (guest: Barry Knapp)

The Market Huddle

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How Do You Agree With Me All About Forward Guidance?

i've been convinced that inflation was peking for several months now, and that the fed would follow once they completed this front loading process. And i don't believe that the terminal funds rate or speed limit for the us. Economy is a two and a half % policy rate. In which case there'll be no reason for the fed to be cutting in 20 23. The Fed may have regainedcred it with respect to their ability or willingness to fight at fight inflation, but they surely have not regained credibility on their forecasting.

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