Inflation Insights
Inflation is showing signs of decline, primarily due to falling energy prices, yet the stickier services sector remains unresponsive to rising interest rates. The risk of stagflation looms, where high prices persist while the economy deteriorates, leaving the Fed in a precarious position. The timing of any policy pivot is crucial; a late pivot could exacerbate economic downturns, as historical examples illustrate.In this clip
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Bankless
Will the Fed Thread the Needle? with Itay Vinik
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