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A Liquidity Masterclass: Preparing For A Credit Cycle Downturn | Darius Dale

Inflection Point

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The Fed's Reaction to Inflation

An enormous part of how deep or shallow or short or long this recession is going to be will depend on the Fed reaction function. We've still got, you know, around about a six handle on inflation. And that super core measure that we know the Fed has been extremely keyed into is not declining as much as the Fed would, would really like. So I think I'm more bearish in the average bear on the medium term outlook for the markets in the economy.

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