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Why the Fed’s Next Move Could Shock Markets
The Federal Reserve is entering a new era with inflation still sticky, interest rates elevated, and political pressure coming from every direction.
Chuck Zodda and Mike Armstrong break down the difficult economy Kevin Warsh is inheriting as Fed Chair and why investors may not know whether to expect the inflation hawk of the past or the rate-cut advocate he has sounded like more recently.
Also covered:
Why the Fed may be pulled between political pressure for lower rates and policymakers worried about inflation
How interest rates influence spending, borrowing, and demand across the economy
Why…
The skinny
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