Monetary Policy & Inflation | US
Summary
- The Federal Reserve (Fed) tried to offset its inaction against high inflation by lifting the dots by 50bps.
- This lacked credibility as Fed Chair Jerome Powell did not offer a convincing economic narrative.
Summary
- The Federal Reserve (Fed) tried to offset its inaction against high inflation by lifting the dots by 50bps.
- This lacked credibility as Fed Chair Jerome Powell did not offer a convincing economic narrative.
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