Powell Raises Rates To A 22-Year High, Is This The End? | Jim Bianco
Inflection Point
00:00
The Fed's Plane Landed
I don't think the plane has been landing. I'll go as far as to say that the 3% year over year CPI number that we saw in June was the low of the year. The problem with the no landing scenario is it feeds the inflation beast. We're trying to boom everything else over the last two months on the idea that we're going to have that. It still is an open question, whether or not this plane is being properly landed.
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