The Potential for Cuts, ADP vs. BLS, Health of Housing 8/7/23
The Exchange
00:00
The Fed's Expectations for Inflation
Most important thing that's happening in the economy is the solid wage increases. The long end of the curve is going to continue to rise in rates. By 2024, I would imagine the inversion will be over and we're going to see the longer rates up in the 5% area. And it's the government deficit that will thrive.
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Transcript
