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Is the Fed reacting instead of leading?

NowPress play to follow along0:00 / 2:09
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ticker lesson

Breakdown

0:00lesson

Fed's political dynamics and policy lag

  • Warsh's Fed role ambiguous
  • Fed doesn't shape realities
  • Panic response to events
  • Political influence on rates
1:53lesson

Inflation data lag and commodity pullback

  • CPI reflects lagged reality
  • Oil collapse not in data
  • Commodity pullback ignored
  • Bad inflation numbers

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