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Ooooh I like this one. I would raise 25bp here, openly say that I expect a recession in 2023, and release a dot plot that doesn't have ANY rate cuts through 202
by neural_thing 4y ago
Ooooh I like this one. I would raise 25bp here, openly say that I expect a recession in 2023, and release a dot plot that doesn't have ANY rate cuts through 2025
- neural_thing 4y agoThe reasoning is that cyclically we are entering a recession, but there are structural reasons for inflation now, and that the era of hyper low interest rates is over.