Fed's Data Dependency
Victor sheds light on the Federal Reserve's struggle with data dependency, emphasizing the pitfalls of relying on backward-looking statistics and the volatility caused by the infamous dots. He discusses the challenges in measuring inflation and labor market dynamics, highlighting the need for a shift towards more forward-looking guidance to navigate uncertain economic terrain.In this clip
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Odd Lots
Viktor Shvets on How the Fed Has Become a Prisoner of Its Own Making
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