Daily Archives: March 3, 2024

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29Jul10:46 amEST

I'm Not a Smart Man, But I Know What Stagflation Is

If you caught Judy Shelton's thought-provoking interview  on CNBC this morning not long after a disappointing GDP print, then you know she believes that The Fed and Powell's message is increasingly growing muffled. Specifically, the noncommittal Powell mentioned price stability and inflation running hotter than 2% a few times, but also gave...


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