Rate hikers fear another 1978 even as 2008 comparisons get louder by the week.

Eurodollar University · Jun 19, 2023 · 17m

#interestrates hikers and #centralbank hawks ignore failed #banks in favor of wages, Phillips Curve, and #inflation expectations. They believe the #economy has gone retro and we're stuck in 1978 when more and more each day looks too much like 2008.

Eurodollar University's weekly conversation w/Steve Van Metre

Speech by Governor Christopher J. Waller

https://www.federalreserve.gov/newsevents/speech/waller20230616a.htm

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