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Thursday, September 5, 2024

Sanchez: We're in a moment of uncertainty, waiting for the Fed to act

 https://youtu.be/qb-JekqcsKU?si=CkSFg8rVveEpRr1T

*Until inflation is below 1% annual, reduce by 25 bps only per fed meeting. 

3% is not the new 2%. 2% is still too high. 

Yes, I am an inflation hawk; and I would rather see fed balance sheet adjustments than interest rate reductions until inflation is below 1%

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