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Powell Raises Rates To A 22-Year High, Is This The End? | Jim Bianco

Inflection Point

00:00

The Fed's Preference for 2% in 2025

Jim Cevallos: The Fed is data dependent, and I've been very critical. What we need is a theory of how you take this data and what you conclude from it. He says no one has any idea why Jay Palanos thinks inflation will be 2% in 2025. But he offers some ideas to help us understand the post-pandemic economy.

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