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Did The Federal Reserve Just Back Down? | Joseph Wang

Inflection Point

00:00

The Effects of the Fed's Rate Hikes on the Real Economy

The full effect of the Fed's rate hikes haven't necessarily been felt yet. Do you think that there's some amount of sort of hedging their own risk here, where a pause gives them a little bit of time to see if those effects ultimately play out? And then the effects could be much worse than they had initially thought. That's definitely part of it, I think.

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