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Debt Ceiling, Hollywood Strike, Fed, and Banks (Podcast)

Bloomberg Intelligence

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The Fed's Tightening of the Bank Credit Channel

The Fed may not have enough evidence to say that this slowdown is more than they anticipated. So I'd be watching for how he talks about bank lending standards. If inflation is still in public enemy number one then I think this is really negative for its gasses. Even if the unemployment rate is rising if inflation is high and sticky the Fed can't respond.

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