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Full Attack Mode?, Fed Fallout, and 3 Buys & A Bail: AI Edition! 2/24/23

The Exchange

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Is the Fed Going to Be More Incremental?

The risk is now whether the Fed shifts back into full attack mode and delivers a half point hike in March. Another strong jobs report that might seal it, but I don't think the Fed wants to her can jerk around here. So my bet would be that that terminal rate does go up, but is more in the 540 range.

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