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Did The Federal Reserve Just Back Down? | Joseph Wang

Inflection Point

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The Fed and the Fiscal Authorities: How to Get Inflation Under Control

FOMC Chair Powell said the Fed does not hear from fiscal authorities about cooperating to get inflation under control. Joseph Stiglitz: "It's hard to getflation under control for the next, in any time period, as long as we have 7% fiscal deficits" He says when some of the lead inflation comes down, it's going to have to be touch and go.

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